Thursday, February 01, 2024 4:31:20 AM
1. It could mean the partner takes all costs , I`d say that`s 80% likely , which of course would be positive for the stock but
certainly not positive enough to break the shackles of warrant conversion and dilution and to get us off this horror story exchange.
2. It could mean as many have suggested an upfront payment but upfront payments are not handed out as a
thank you, they are most often tied to a licensing deal in the event the joint trials actually works but
my problem again there is I cant find a single instance of a company with 20 employees getting anything more
than <$25m.
We need an institutional investor to come in in tandem with announcements like joint trials,
All we need is one buyer with maybe $150m to invest ( which is miniscule in the real money / long only world)
buying on the open market and investing directly as Woodford did and that sees us at $4 ++ in short order .
As for why we have not had that is anyones guess but , there certainly there is no positive spin to the fact we are 100% retail..
I could expand on that but you ( or certainly some others ) would call me a short .
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