Anavex Life Sciences Corp (AVXL)

[tredenwater2]

5 years is how long it has taken Dr M to get A 2-73 into what appears to be (from their pipeline page) a phase 3 but for the sake of arguement a ph 2b/3. With AU 3rd party funding of approx 750,000-1,000,000 and minimal dilution (30 million shares or 60-70 million dollars approx) we are on the cusp of starting a ph3....and again, at approx only 53,000,000 OS shares. How does that compare to your value theory against “historical” BP “proper” controlled trials sitting at just on average of 13 years and over .....(holding pinky to my mouth) ONE billion dollars! And then on top of it where do you put that “value” when the whole program gets scrapped and ENTIRE divisions get shut down!
So you can rant and rave and bad mouth all you would like here about Dr M but I believe he has the “stones” (7 to be exact) to take down goliath and he wont just knock him out... he will cut off his head!

EOM

Tred