Algernon Pharmaceuticals Inc (AGNPF)

[Money $hot]

Just 1 other thing to consider about South Korea.

Per capita - South Korea has the 2nd largest number of hospital beds in the world.

More than 4 times the number of hospital beds per capita as Canada or the USA.

Japan is Numero Uno:



http://www.koreabiomed.com/news/articleView.html?idxno=2768

So let's take a closer look at the 113 new cases reported in South Korea.

The article does not reveal where the covid infections are located inside of South Korea.

However, let's assume their ALL in Busan, SK where Algernon's study is located.

Given there are 28 hospitals in Busan designated for covid, the average number of patients each hospital would have received is 4 patients of 113 or 3.5% of 113 patients.

That's a best case lottery ticket scenario.

If you extrapolate the 113 new cases out to all of South Korea's reported hospitals - Algernon would have a 3/5ths of 1% chance of getting just 1 patient - much less any additional patients.

Overall, South Korea has a reported 341 large general hospitals and 1,510 hospitals.

A total of 1851 Hospitals with upwards of 70,000 Hospital beds.

How many of those hospitals outside of Busan would also be treating covid patients?

All I'm saying is the overall numbers in SK makes it nearly improbable, if not impossible, to get to 20 patients in a reasonable time frame.

Personally, I think my opinion falls in line with all indications from Christopher Moreau, CEO.

I hear no joy in his voice when discussing the South Korea study.

However, everyone's opinion(s) here is just as good as anyone else's.

We're all considered equal inside this Computer World.

The Real World...now that's an altogether different story.

Peace 2x,

/////AMG

Outro