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Re: iwanderer post# 378030

Friday, 05/20/2022 10:47:02 AM

Friday, May 20, 2022 10:47:02 AM

Post# of 425940
i-

This is the kind of my 90% instinct LONG. I just got 150K shares around $.4462 average.

Sell it ASAP:
- approved June 2020 ($75 -> 120) but no -significant - revenue yet
- 1-15 reverse split recently ($0.10 -> 1.50)
- huge loan from Baker Brothers with revenue covenant that more likely will not reached
- PIII (new indication) result app. by EOY 2022 no approval before EOY 2023

Several, additional dilution is coming ... after - at least one - additional reverse split. (They are in a delisting process, the recent RS did not solve the issue.)

Best,
G
ps.: I do not follow closely recently, I played the approval

Disclosure: I wrote this post myself, and it expresses my own opinions (IMHO). I am not receiving compensation for it.

Notice: This post is not investment advice, and not a recommendation to neither buy nor hold nor sell.

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