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Re: Auto1 post# 31034

Friday, 04/03/2020 11:36:52 PM

Friday, April 03, 2020 11:36:52 PM

Post# of 44784
I wasn't invested then and know nothing about past problems. I'm sure you're essentially correct. If the share price goes dramatically higher on initial news of efficacy in coronavirus, I would have no qualms about the company offering some share to bring in substantial money.

We currently have under 20 million shares outstanding. Solid news should make the company worthy of at least a half billion, but I believe a billion dollar market cap. If the O/S grows to 25 million, that's a $40 price for a billion dollar market cap, frankly if PLX-PAD were adopted for use in pneumonia, I believe the market cap would be well over $10 billion, even if it wasn't given until a patient was thought to need hospital care.

So many diseases ultimately kill when in a weakened state people get pneumonia. Common flu typically kills tens to hundreds of thousands annually, only about .1% of all who get the disease, but still a lot of people who'd survive if the pneumonia were cured.

Let's see what the evidence shows when we get data on many people who've taken the drug.

Gary