InvestorsHub Logo
Followers 546
Posts 8175
Boards Moderated 3
Alias Born 10/23/2016

Re: gshores post# 5520

Wednesday, 12/06/2023 5:57:58 PM

Wednesday, December 06, 2023 5:57:58 PM

Post# of 14055
…i liken BEGI now to biotechs w MCs over $100 mil …that may or may never come to market with an actual product or drug. In fact, MOST biotech's never pass Phase III trials…let alone even reach Phase III. But then why the huge market caps, when these same companies are riddled with debt, convertible shares, massive dilution, new Offerings…..and have often NO income coming in…and in their filings list by law that there ‘are no assurances that our lead drug , or any of our drugs in development, will ever pass Phase III trials’…..so….:

Why?

Stock Market looks forward in hope …..for huge breakthroughs and positive events in the future, if the end result is big like a new drug that passes Phase III after like a decade of trials.

IF what i say above was NOT true, there would NOT be hundreds of biotechs traded in stock market…with market caps today of $50 million to over a billion…..but there ARE all these biotechs with big market caps, with no income, high debt, and drugs and therapies that may never pass Phase III.


So to me, BEGIs Patent and trades-to-blockchain 20 year Patent…is so potentially big in the future world the next lol 2 decades, where the blockchain and digital ledger will be used more and more not less…BEGI will move its way toward market cap evaluations liken to biotechs in Phase III…..or $100 mil + possible by end of year. We shall see its gonna be exciting…..

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BEGI News