InvestorsHub Logo
Followers 41
Posts 3642
Boards Moderated 0
Alias Born 08/14/2006

Re: RT7 post# 26917

Tuesday, 07/13/2021 9:56:58 AM

Tuesday, July 13, 2021 9:56:58 AM

Post# of 29755
I was in a biotech stock for years that had only been selling shares for funding like most biotech stocks that don’t have a drug in the market. Covid came around and validated their drug they had in the pipeline still going through trials. The potential was and is still great for this drug, but now they needed more cash for development, big time funds showed up, bought up the offering below the current pps at the time, and the stock still took off because of the potential.

I see the same here, but it depends on many things, for example the quality of the the investors who fill the PP, are they investors or Penny stock flippers and death spiral financiers? How solid is the legal argument for the patents? Do they have the legal standing to go after those who infringe upon them? Will the courts see it their way if it comes down to it? All questions that will have answers down the road, those questions imo are reflected in the current pps and low trading volume at the moment.

If these patents are solid, and the proof of concept works, we have nothing but blue skys in our future, I hope those taking advantage of the PP see it that way, instead of an opportunity for some death spiral financing that will turn this into another otc share dumping scam.

I’ve listened and watched the investors calls, I’ve been impressed with the people that have been brought on board, Tony at the helm has been communicating with shareholders in a positive way…I’m optimistic. We will just have to wait and see like always.