Cel Sci Corporation (CVM)

[jamesnhansen]

Trying to generate 11% OAS without the "resurrections"

lightrock, I'll try some numbers but if you get closer to the Stage III/IVa survival curve, you just can't get the trial to end on time. You need "lightrock resurrection." So, I think some of the assumptions people are using are essentially "out of bounds."

I developed a model about four years ago for valuing pools of life insurance. The quicker you bought the insurance less money you made even though the policy IRR was 15%. So I started hunting for the error. I tore it apart. It took a week. If even tested to see ie somehow Excel was corrupted and not calculating right. I was completely flummoxed. Then I had an idea: Could the model actually be correct and my ASSUMPTION about how the WORLD HAD TO WORK was wrong. Turns out, our assumption was totally wrong. The math was correct.

Here's what I think is wrong with Cel-Sci: I don't think anyone knows whether their assumptions can produce the only thing we can observe: 298 events at the end of April 2020.

Cheers from "Missouri's motto on my mind," but residing in Oregon,

Jim