Wednesday, May 18, 2022 10:09:21 AM
Final Data will likely extend the unBEARable drama another 6 months. 2.5 years to complete a 6 months or less "study" had it been conducted in North America. Bellus Health had more than 10 times the participants and got it done in less than 1 year. It's no pure comparison by any stretch of the imagination but that won't stop Mush Mouth Moreau from trying to make it so.
Any thought of what the share price might be now had Algernon gotten positive Chronic Cough data back in 2020 or Q1 2022? Data that could have gone head up with Bellus Health. My best guess is AGNPF would be north of $1 without having orchestrated a punishing 100:1 reverse split. The momentum and everything else got sucked straight into a black hole in Australia.
Did I mention the Minds of Management is going back to that same lame ass Phase 2 (a? b? b3?) "tax write-off' scenario in Australia for it's next Phase 2 (a? b? b3?) IPF/Chronic Cough study? Incredible how they've traveled full circle to expose themselves (the emperors has no clothes) as true dilution machine whores.
Whores : to pursue an unworthy desire.
In any event, 3.5 years into the Black Hole Annals of Algernon Pharmaceuticals (The Shit Stinks)...
I've shaved many shares along the way since holding well north of a million shares of this Shit Show Stock. Whether or not I've made any money along the way is irrelevant. What's relevant is Facts over Fiction - Reality over Virtual Reality - Activism over Appeasement. I have not changed since Day 1 (A1). It remains my opinion that your analogy of where things stand is kooky at best.
To anyone who finds themselves falling down the rabbit hole of stories told by the CEO... Beware the Black Hole.
M$
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