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Alias Born | 02/18/2020 |
Monday, January 31, 2022 10:06:01 AM
I personally dont care if they are successful building a company to sell the drug, dont care if the drug is approved, dont care if owner is banned from US. I am placing my bet on they will pump this stock price up to do a fund raise in the public market. Parent company wont care if they sell 5mil shares for $5 and dilute their ownership because they will then have $25mil to spend where today they dont have any cash value in this shell company.
The drug selling rights to a good HIV drug is the reason to raise money. Regnum didnt have anything to raise money on before, now they do.
maybe cydy will get approved and regnum will hire people and sell this all over and people will make money and the price will go to a $200mil market cap, maybe, I do know, I wont own the stock then as I am just here for the bet that they drive the price up to raise cash so this is a quick turn around for me.
I am Investing/gambling on the situation I see, not really the company
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