Wednesday, January 15, 2020 10:30:43 AM
For instance, I've seen posts from people doing their "napkin math" singing the praises of Inmed's biosynthesis model for the past 3-4 years. Posting ad nauseum about how much better e. coli is compared to yeast (without any definitive proof to back the claim). Stating that Inmed should/could be worth billions and billions. Predicting that Inmed would be trading at $20/share by 2/20/20. Well, that date is a month away and Inmed isn't even at 0.20/share.
Completely irresponsible to make a claim like that - but they know there are people looking for hope of any kind so they play on their desires for good news and they eat it up.
Now that biosynthesis has been delayed, the tune seems to have changed. They now says that "I have always been here for the therapeutic side of Inmed's business and biosynthesis would just be a bonus..." Down playing biosynthesis and now pumping how big the EB drug will be. That's another 5-7 years at best. Anything to keep the masses holding onto hope.
Be careful who you listen to and always trust yourself and your research
Recent INM News
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