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Re: jim992 post# 3486

Thursday, 09/20/2018 1:23:31 AM

Thursday, September 20, 2018 1:23:31 AM

Post# of 7485
Hi Jim:

No. I was making a comment about the PR that they informed us of the good results from the pre clinic and that they would like a partnership with some pharma. I was informing people that as much as it is important to get good result it is important to note that drugs are years away because of all the regulations to go through (phase 1, phase 2....etc). Most of the 2 millions shares where people bought hoping for a ride are now disappointed and will be selling in november/december to take a tax loss.

As to your comment about a price for a buyout, this is too early to dream like that. We need a partnership with deep pocket to take us through.
The key is to get a partnership hopefully within a year. That is when I will start to get excited. We need money and marketing. That company that had an option to buy 1 million shares at 2 dollars in May passed on that option because it is too early. They were not willing to wait 2 to 4 more years. They are already invested with their first purchase. Most people will not wait that long, like you.