Well, beginning with multiple statements of misinformation about how much debt Oncolix was carrying, to the following:
How does any non insider have knowledge of when we receive updates on Prolanta and whether those updates (if any) are positive or negative to justify a much higher share price
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Its a stretch to assume any potential updates on Prolanta will be positive. Its still phase 1 and 6 months have gone by without a peep (very disturbing and concerning).
Further, to suggest a .50 - $1.00 share price (up to $1billion market cap) on Phase 1 data is ridiculous!! Not to mention most of the shares outstanding & derivatives are at such a low cost basis, the market would need to eat through a massive amount of selling to even reach .20
NASDAQ listing in 2019? lol Even with fairly good phase 1 results sometime in 2019, Oncolix would need to raise a ton of cash to qualify, among other items. It would also require the lender/investor to pay off existing debt or force a conversion. Good luck with that one too
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