I understand that in theory. But they just diluted the stock around 17.5 million worth just around 2 months ago.. That was supposed to be for R&D, manufacturing, etc.. Now all of a sudden another offering... Also in their disclaimer it says they have never ran a phase 3 trial before... “high risk investment” is the terminology they use.. word for word.. Plus they got a delisting warning letter . If their pps doesn’t get up above a $1 and stay there we will be in the otc... Plus they owe Kaken all kinds of money and it could possibly void BBI’s royalties.. Either way I can go on and on and if you do about 15-30 minutes of research you would find everything I have said verbatim plus a decent bit more.. I bought in here at $1.27 then they did the offering and announced it late at night, around 10 or 10:30 EST which is BS but it is what it is.. Then PPS went under a dollar so I averaged down to around $1.07 and literally sat here for around the months... Every time they did release something good it was to push those shares. Churn’em out baby.. F the shareholders that paid way more than me earlier that day. I was stuck but a lot more people got stuck worse than me because I had bought low of the day. It had went to around $1.70 I think. I was all in on this one but I finally just took a 15-20% hit so I could have some liquidity to get in on some other plays and just watch this. Thinking loading zone over here is going to be in the .70’s again real soon if not test a new low especially since we have to wait in till end of the year probably for any news from Japan or if BBI got thru their phase 3 without f-ing up.. Anyways good luck to you!
-BBI
If I am posting on a company’s message board, I more than likely have a position with said company. Everything I post is in my opinion. Go Seahawks!
