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Sunday, July 03, 2022 4:30:28 PM
OTCShotCaller
7/2/22, 07:26 AM
$RGBP
- Just an observation based on the following: 1) there's been no communication from Koos for what is now an extended time period; 2) note debt payoff is proceeding; 3) Koos shelled out a substantial amount of cash to settle a lawsuit with the research company that had all our valuable data which is now in his possession; 4) an update of the Company's IP was requested by "numerous sources" some time ago; 5) an IND was submitted to the FDA for Fast Track authorization to enter clinical trials for an mRNA Vaccine to treat Pancreatic & Colon cancer; 6) the Canary LOI that was on the table, although it got cancelled, it evealed Koos was able to bring a suitor to the table with
$20M
; 7) Oncology Pharma apparently has done nothing to initiate clinical trials on the same IND Koos submitted to the FDA. This implies they haven't raised funding. All this seems indicative the delay is related to Koos in Buy Out/Acquisition negotiations consistent with a prior 8K some time ago. OPINION ONLY
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