GlobeStar Therapeutics Corp (GSTC)

[price_and_volume]

Ridiculously optimistic. $GSTC is in Phase 0 currently.

Implementation of the first phase is subject to Globestar arranging financing. The first phase includes formation of Globestar and SMIHC subsidiaries in India, the clinical trial, regulatory and intellectual property rights filings in India, identifying manufacturers, and planning for the commercial launch in India and countries in the region that accept DCGI approvals.

This was talked about months ago, and was repeat-PR'd last week. Phase 1 will take a while for sure, and "struggling to secure sufficient financing" isn't part of Phase 1, it's a PRECURSOR to Phase 1.

Why doesn't SMI's Investment Banking side of the house provide that finance?

Implementation of the second phase is expected to commence approximately nine months later, and is subject to receipt of DCGI marketing approval and GlobeStar arranging financing.

Phase 2 not realistically likely before 2025.