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Re: mc73 post# 160518

Monday, 04/24/2023 3:08:13 PM

Monday, April 24, 2023 3:08:13 PM

Post# of 180326
Pre reverse split (late 2018) ….

People here were talking about $1.00+ per share after IDE approval or news of going to Phase 1 trials.

That was in late 2018, which was before the 8-to-1 gentle reverse split which occurred in 2019.

Therefore, split-adjusted, that would be $8.00 per share today.

If $1.00+ was projected (in late 2018) for IDE approval before the 8-to-1 reverse split, then that is indeed $8.00+ today. But there has been a bit (not a ton) of dilution since 2018, so let’s call it $4.00+ per share, in IDE approval, or the announcement of phase 1 trials beginning.
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