Arch Therapeutics Inc (ARTH)

[blackngold63]

"I believe they had material news pending CE Mark approval with partnerships. Guess not."
No. If you have been following this....well that is not what they have been saying. At least in the last 6-8 months.
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There has never been a time when they have been saying..."As soon as we get the CE there is a deal ready to go..."
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This is obviously good news. Even though people here blow it off. Who knows how long approvals will take anywhere in the World right now..?
They got it in "under the gun"....even if it took a coon's life.
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But. It shows the strength of the product.
And a lot of their upcoming products will be similar.
And they have had to jump through a million hoops to get these two approvals.
Things should get easier next time(s)…..
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Having said that.
Well obviously this stock is not going to move till revenue starts flowing.
We all know that.
I have been saying for quite awhile that they should just bite the bullet and do what it takes to get revenue to get the other product trials started.
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As Poly and others have said here before.
The external is a crowded marketplace right now.
But...………………

You get other products approved. Especially internal.
Well. You can put together package buying deals that will pull it up.
From healthcare "organizations"....using a very broad term....
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"You really want the internal and can buy the external possibly cheaper..but...this is better...and buy all the products and we will cut you a deal. And you really need this one..."
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Anyway.
The virus is putting stuff on hold.....
But I still believe in the science....
And that the stock is dirt cheap at these fluctuating penny prices...