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Alias Born 08/27/2020

Re: None

Sunday, 08/30/2020 2:38:20 AM

Sunday, August 30, 2020 2:38:20 AM

Post# of 63388
I was very concerned when I read this on a reddit board about this stock :(

I sold after I realised the following:

- Phase 2 got approved in 2013 but they still went bankrupt since. Red flag.

- Auctus who is breathing new life into them is also the company owed the most money. Red flag.

- Phase 2 won't finish until 2023. Red flag.

- Twitter accounts created recently to promote this stock. Red flag.

- Key DD spread across this subreddit and other pages allegedly written by people linked to twitter accounts recently created to promote this stock. Red flag.

- False information in contrast to other non-biased information online suggesting that Phase 2 is about to finish when really it's not due to finish till 2023 (sources: https://ichgcp.net/clinical-trials-registry/NCT04042844, https://clinicaltrials.gov/ct2/show/NCT04042844)

- Plan states they want to uplist to NASDAQ. Red flag. How can a company broke over 3 million dollars, albeit getting 3 million injected into it and coming out of bankruptcy, with a 'wonder drug' that has been in Phase 2 since 2013, yet has not had money thrown at it prior to this 'situation', expect to be realistically valued such that it could be listed on NASDAQ in the near future?

- Edit: getting downvoted without responses to this post. RED FLAG ??

I went from thinking this was an amazing opportunity to believing this is a massive scam that's going to reward the creditors and leave 99% of us in the dust holding the
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