Relmada Therapeutics Inc. (RLMD): That was before a very risky binary even...

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Relmada Therapeutics Inc. (RLMD)

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Re: West Coast Snapper post# 280

Wednesday, 10/16/2019 10:52:46 PM

Wednesday, October 16, 2019 10:52:46 PM

That was before a very risky binary event which took place yesterday. They aced the trials, the binary event. Most of the risk was therefore removed (there's always some but a failed trial would have sent this well below 10 like you say - that's now behind us). The PIPE price is now 101% irrelevant. And a 250M MC is a joke in depression based biotech. 1B MC is a short term potential (within 6 months) based on the market size for TRD/MDD.

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