Friday, October 16, 2020 6:49:33 PM
investigatory
License
Option
???"
Thus not a license yet, and no funding (yet) but the grant of an option to look at a lab(?) tech and see if they want to walk away, or raise cash from Non profits to do expensive cancer(?) clinical trials?
In other words if they spend the money for a clinical trial
And they like the end results after spending other peoples money (Do they have cash in the bank yet?)
They can exercise the Option and complete a full license deal (more costs) but at that time, They would have clinical results to justify paying a real licensing fee).
They could I presume find grant funding from non profits.
Wastn't one of the earlier PR's about a drug for late stage, the you are forked already walking dead, late stage rabies?
And today's was a cancer something?
I have not studied it cover to cover on all the recent PRs. I got in, back in March based on the resumes of the people that took over the shell(?).
Anyway, sounded like they were granted a right to spend money and investigate ...... to me and a Free grant of the Option to license the Bio-tech world wide (cost) at a later date.
Problem is Sheep see "grant" Cancer and NIH and think it means free money going the CTYX and the stock price and volume is exploding so FOMO trips them it buying at the highs before they miss out.
I am not saying there is not something of value going on here. I was long till the highs today. Thanks for the reply.
All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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