Halberd Corp (HALB)

[jerrybrockman]

Lots of us jump in without much DD, if at all, it’s like going on instinct. So glad my instincts told me to get out before close. I read the PR carefully. They don’t even have a patent yet. They think they have something so they are gonna gonna gonna apply for one. OMG. Does anyone have any idea how much time and money it takes to get a bio patent? Try 5 years and then you still have to go through 3 FDA Phases. And the first step in obtaining a patent is to make sure someone hasn’t beaten you to it first. Unfortunately with all the interest in Covid-19, there are many biotech companies that are already using patented drugs, repurposed to fight Covid-19. Also there are hundreds of patents pending that claim to do what HALB hopes to do. Not being judgmental of ASU or HALB, but if anyone from the University loaded up before today, they should just hang onto those shares until the patent is approved in 5 years because of the crackdown on Covid stocks. 5 years is a long wait but hey, if you believe in something strongly enough, it shouldn’t be a problem.

https://www.google.com/amp/s/www.labiotech.eu/in-depth/biotechnology-patents-intellectual-property/amp/