Thursday, September 22, 2022 3:35:05 PM
The ones that still have job...
We are now trading at the cash price/share price they raised 12 Million dollars plus the payment 1.5 Mil net(?) and collected in the last 4 years,
12 Mil shares (12.8x now?) at almost a $1.share for a biotech with a decade of what, 100 Million dollars of research work, they own now valued at 12 Mil dollars? I know .01/share penny stocks with higher Market caps...
This is either nuts, way undervalued and they are raising major $$$$ cash and we just have not heard the news yet, or the market is pricing this for BK, in which case the 12 mil cash raise weeks ago and R/S and so on make no sense...
Hell most folks can not even short it now.... The revenue to share price is close 1:2 also... This is at least a FED Market exit from anything with debt now...
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