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Re: Fress post# 1122

Friday, 04/30/2021 9:55:31 PM

Friday, April 30, 2021 9:55:31 PM

Post# of 1585
You can guarantee they will do a stock raise this year because every development stage bio does a raise whenever they can, not necessarily when they actually need it. They don't need the money this year or next but they will and if market conditions are right, they will do a raise. We may not think it is right but if management sees what they think is a good time, nothing we say will matter.

That said, pdsb burns very little cash annually. They have been great at generating non dilutive cash through investigator sponsored trials and I believe (hope) they will continue to do so going forward. They know what will be presented at ASCO in early June and know what the abstract will show in less than 3 weeks. I really don't anticipate a raise before then because I am very optimistic the ONLY reason we have an ORAL presentation is because the data is better than expected. Assuming I am right, the next raise will come well into double digits and dilution will be minimal.

On top of the known upcoming ASCO news, we could/should get Anvisa news any day. Even though it is Brazil, assuming we get approval to start the trial, we are off to the races.

PDSB has a market cap of less than $150 million. Any good news drives this to half a billion to a billion dollars almost overnight. That translates into $20-40/share from $5 and change. Crazy to think these types of returns are possible in only a few weeks/months. Looking out 6-12 months and you can easily see a case for 2 billion or more market cap with the right news. That is nuts and possible.

Granted, the likelihood is low based on experience of other companies but right now, based on what we know, the above is definitely possible. Today's investors can get rich off pdsb if the science proves out.

GLTA. It is my 3rd largest investment at the current time and I believe in months it will be my largest investment based on future growth that could come in an instant. HODL
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