MM... That positivity is what I felt when entering the Regen Pharm sponsor maybe about 2014-15? Then after a while, while I still felt it had a HUGE Potential, I started seeing some of the problems, especially the time it would take to complete the Clinical trials! I felt it would be a long time before we would gain profits? Then, I wondered how long Dr. Koos would stay at the helm... and then maintain the patience I always had with other Co's, but not a Pharmaceutical Co' where so many arduous tasks lay ahead?
Yes, there were Buyout talks with other Co's a couple of years ago, but they were just preliminary meetings to see what RGBP was all about, nothing more! If I'm not mistaken, one or maybe 2 Co's told RGBP that we had to meet certain requirements before they would meet again? It's only natural to see Co's wanting to see concrete steps being taken, where it would help them to gain revenues sooner than later!
Also, like Insurance Co's, there probably were a few LOW bids, but were too low, as Koos thought that there was too much potential to be low-balled, and refused? Evidently Koos has somewhat of a treasure chest to pay the bills, something few Investors have! But all in All, there doesn't seem anything to stop the progress, which can only be slow? But when PRs start coming in, they will be VERY GOOD ONES, as the developmental issues are long gone! We should hear news about Clinical trials for at least ONE pharmaceutical agent, maybe 2, as a few seem to enter the trials close after one another a year or two ago! But close may mean years instead of Months, I don't know, and clearing trial 1 may only mean that the next Clinical trial (2 or 3) is soon to be launched if the money is there? Maybe a trial may be in stage 2, and that is quite possible?
As I mentioned before, I bought into NASTECH PHARMACEUTICALS INC. a number of years ago, and at $.18 cents a share! But Bad Luck hit me as I had substantial bills to pay and had to sell-out! I forgot about it due to severe circumstances, but one day a few years later, I had the guts to look at NASD, I think the symbol was, and I was disheartened because the stock rose to $ 23+ Dollars a share! Yes, 23+ Bucks a share!! That's the way it is in this Penny sector! The best to all, and a healthy 2023!! T.
