Pluristem Therapeutics Inc (PSTI)

[skitahoe]

Frankly, if we initiate an FDA approved trial I also hope we can maintain permitting compassionate use, or right to try, if a Doctor and family of the patient want it, and they aren't considered for the trial. I would hope that all who volunteer for the trial get the drug, more than sufficient people won't be getting the drug, so they can be the control.

As was just pointed out, we only know of 7 who received the drug, we also know that Germany is permitted to use it, but we have no idea if, or how many they may have dosed. Nor do we have any update from Israel as to whether they've expanded the use to many more under compassionate use.

Ours is not a treatment for coronavirus, it's a treatment for pneumonia, which is probably the reason for most coronavirus deaths. The good news is, as coronavirus goes away, which eventually it will, pneumonia won't.

I believe we all believe that our CLI and other trials will result in approvals, it's uncertain if we may get an approval for pneumonia first or not. It's been said that it's very possible an approval from regulators outside the U.S. may come in interim results, I believe we'll know more about that later this year. With these approvals, I would hope that most here agree that a market cap of a billion or more is justified. If our O/S, currently under 20 million remains under 25 million shares, a billion dollar market cap will have a share price of $40 or more.

Personally I believe over time a double digit billion dollar market cap is reasonable, especially if pneumonia is an authorized part of the mix, and perhaps it could be that high on the strength of pneumonia alone.

I certainly was not a fan of the reverse split we had previously, however, that said, it has been one that worked, it kept us on the Nasdaq and has us positioned for tremendous success. As I pointed out, a multi billion dollar market cap could lead to triple dollar share prices, the time may come when the company does splits to keep the share price at levels that people can afford.

Gary