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Tuesday, June 04, 2019 11:22:41 AM
If we see single digit prices, you can be sure that insiders will loan more money in order to receive more warrants and get stock conversion locked in at a silly price. Of course, it is all a legal fleecing of retail investors’ asset and a band of blinded longs will defend this practice saying that it is soooo good because it will get us the money we need to get tothe finish line. Then, rinse and repeat until another special shareholder meeting to where the Cabal can vote themselves a higher shelf and ginormous stock grants for a job well done.
I am so sick of this management team patting themselves on the back for achieving each baby step in record time (the longest data lock in history, it’s so long that we needed to hire new consultants because the old one have retired). Meanwhile more patent life expires and competitors move further along in development. They seem to be teaching themselves the regulatory process and then sharing it as if it is news. Experienced Biopharm business development teams have left long ago to spend their time and efforts evaluating the hundreds of development stage biotechs that are actually making progress and come without all the baggage.
This premarket promotion of an unapproved product in the commercial exhibit hall is the saddest attempt at of window dressing I have ever seen. This has become a circus sideshow...
”step right up folks...you there, you look like a smart specialist...I am sure you would love this once in a lifetime chance to learn about every microscopic step in the process of resolving queries, booking travel, and scheduling teleconferences. If your lucky, we may just fire up our TI99 and show you some P1 data that I am sure you forgot since it is 3 years old. Why waiste time in sessions learning about true science, when you can get limited data sliced, diced, and tenderized. Our unique process of Dry aging process allows us to use and reuse data indefinitely”.
At this point I wonder if anyone will show up to hear results when available or will they just assume it is the rehashed data I have already seen hundreds of times.
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