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Re: RNsidersbuying post# 69061

Thursday, 03/05/2020 5:30:47 PM

Thursday, March 05, 2020 5:30:47 PM

Post# of 114610
IPATF: Now that's a company that's going to need more financing soon and this statement at the end of their 2.20/2020 PR seems to have tempered any enthusiasm for the upside:

There is no assurance that the Company will be successful in the development of a vaccine and/or therapeutic against the new coronavirus. In particular, the development of a vaccine and/or therapeutic requires significant capital, which will require additional financing by the Company, successful clinical trials and extensive regulatory approvals.

https://finance.yahoo.com/news/immunoprecise-launches-coronavirus-vaccine-therapeutic-193900358.html

I also know a few of their long-term investors, who are skeptical that their relatively new CEO, Jennifer Bath, hasn't put much of any skin in the game yet....even at these depressed prices.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

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