AgeX Therapeutics Inc (AGE)

[bobby2loaves]

Ahab, the secrecy may be less ludicrous than you think. I can come up with a couple reasons why AGE might want to keep a lid on anything good currently happening:

1. Competition - I know for a fact Michael West does not like to reveal too much about what he's working on, because it gives competitors a glimpse into potential solutions.

2. Share Price Management - Sure, you and I would like for the stock to appreciate Monday morning, as that's cash in the bank for us. But consider the position of guys like Mike West, Greg Bailey and John Mauldin. They directors only have around 100k-200k of shares/options each in this brand spanking new company. If it turns out the company is worth more than today's share price, it would be in their interest to keep that under wraps for as long as possible, so they can pick up some 10-year options on the cheap here. And JUV is obviously in this for the long haul as well, so no great benefit to a near-term share price rise here for them, especially before their IPO due sometime this year, where presumably many would benefit from getting inexpensive shares before it hits the market. Plus, AGE seems loathe to issue any shares whatsoever at this point, so no reason to get the share price up for that. And in fact, I could even see AGE getting private funding from JUV or another private investor, either of whom would probably like the share price low as well.