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Re: nt2innovate post# 24628

Thursday, 07/12/2018 6:48:17 PM

Thursday, July 12, 2018 6:48:17 PM

Post# of 232411
I hate to rain on anybody's parade here, but this move reminds me of the move RXII pulled a year or so ago. They supposedly had a 'promising' pipeline and a million patents, but no money of course. Out of nowhere, RXII, a company with no money, buys another little outfit, another company worth nothing with no money. Turns out the pipeline meds were all a total failure. Numerous reverse splits were done. They can't sell the worthless pipeline and now they're onto something
else with this new outfit they bought. Meanwhile, the CEO keeps pulling in more than half million a year. The shareholders got slaughtered of course. Seems to me many of these tiny drug outfits just wanna keep the gravy train rolling. They know how hard it is to get a drug to market. If we were as close as many of us thought, why do this deal? I hope I'm wrong. Sitting on just 10,000 at .58, but even a move to 5 bucks would allow me to pay my house off. 10 bucks and I retire early. But I'm very nervous at this point.







else with this new outfit they bought.
Shareholders have gotten slaughtered, to
say the least. The CEO keeps pulling in
more than a half million a year regardless. Many of these tiny outfits just want to keep the gravy train running, they know how hard it is to bring a drug to market.
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