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Saturday, October 23, 2021 4:06:55 PM
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The June DMT stroke PR was made Before the Ifenprodil Dartmoth research was known or the even more recent 'interim' IPF/CC data 'trends'.
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See "FORWARD LOOKING STATEMENT"...
Also, "FORWARD LOOKING INFORMATION" states:
"the Company’s directors may have conflicts of interest"
Answeer me this. Just because it's written in black and white, does that mean it's ok? What do you actually thyink about the known conflicts of interests that continue at Algernon regardless to whom is in charge at Algernon?
We know beer buddy has engaged in immoral acts as CEO and nepotism as CEO at his prior gig.
Do you find any of what you know as immoral at best or potentially illegal?
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Now some math? I am assuming the CEO would want a R/S of 1/10 as compared to 1/50.
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News about the Ifenprodil 'Indications" AGN is pursuing will precede news about the psyc angle. IMO.
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I am invested/hope/predict for positive meeting results and approvals of All the current FDA and MNRA applications.
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Properly handled AGN could avoid a R/S and have a minimal dilution Private Placement. Maybe...
Oh! One other thing to consider from the latest PR:
"...recently received a CAD$2M cash payment from a refundable tax credit program from its clinical research work in Australia, which brings Algernon’s current working capital balance to approximately CAD$3.5M."
If Algernon received a $2M CAD refund for a 20 PARTICIPANT clinical study, how many people do you think will be needed to participate in a Phase 1 study for stroke and Cancer? Did the CEO ever tell the market the cost of either one of those Phase 1 studies? Do you or anyone reading this know? It would be helpful. That would tell us Egg Zack Lee how cash strapped Algernon is heading towards multiple clinical trials. Common sense tells me there's cash needed ASAP.
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