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Re: petemantx post# 253509

Sunday, 01/06/2019 8:49:08 AM

Sunday, January 06, 2019 8:49:08 AM

Post# of 405226
If you understand finance, or if you just keep in mind Polymedix/Brilacidin and Prurisol, you understand why the equity in a biotech can go to zero and why a promising drug can fail. Don't resent good investors who know the risks and communicate them. Strive to be a good investor. It's not the easy road but it's the right one. It enables you to make a good long term return in the market and prevent catastrophic wealth loss.

The company has struggled the past year and a half as some risks have born out. The market priced them in, and continues to price in others. Our hope as investors is that the current risks do not prevail. The hope of penny stock speculators is that the conspiracy of shorts and evil hedge funds, along with some conniving BP with the aid of the SEC, will not steal your winning lottery ticket. That's foolishness.

So watch for word on the B term sheet or a deal. We'll know one way or another by Feb 10. If we announce a share sale, then it highly likely means management is no longer counting on it.
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