Manhattan Scientifics Inc (MHTX)

[ssc]

Kudos for a realistic, no bullshit summary of 2022. Sadly, ibx is just about out of cash and has made very little progress toward commercializing the magsense technology. 2023 will see fund raising at share price near a penny imo and the massive dilution that goes along with it. No promo videos, interviews or luxury living by proulx will change that.

But an even more painful possibility needs to be faced. After more than a decade and many, many millions of dollars, the day of anything meaningful coming out of the ibx lab is still light years away. Why? Either the acquisition of the Flynn technology 12 years ago has been followed by a stream of the most incompetent and/or dishonest leadership imaginable OR the whole thing really just doesn't work.

Consider this p/r from April 2010:

Manhattan Scientifics’ Technology Able To Detect Breast Cancer Three Years Earlier Than Mammogram

...On February 25, 2010, Manhattan Scientifics announced that it had acquired exclusive rights to commercialize Dr. Flynn's work.

Shame on manny, marv, proulx and everyone else who has played a hand in this travesty. And double shame on manny and marv for their metals scams and milking every penny of cash out of them.