Anavex Life Sciences Corp (AVXL)

[BIOChecker4]

Who cares? I care and so should you. Getting the farm on one project risks the entire enterprise. I’ve invested in many biotech companies and every single one of them has multiple projects in process precisely because they do not want to risk it all on one project.

I’ll say it again, there are 42 full-time employees who apparently have little to do now except wait and collect pay checks. Are they all on long vacations? What do they do all day?

Missling has set this up as a binary event. If it works, great. If it fails, Anavex is done. This is piss-poor management that puts the entire enterprise at risk. Drug development is already high risk. Through gross mismanagement, the risk is even higher.