Bottom Fish Stocks (between .10 and$10)

[zenvesting]

tincup/GPG what do you think of MYMX recent developments?

I saw you post the 8k announcing the successful test results with protienXpert SA in April. I did some DD and decided I liked it for a long shot, high risk/high reward situation. As their last Q said "Despite limited means and impressive hurdles to overcome, we have been able since July 31, 2003 to graduate from an assured crash to a (still) bumpy ride". It's not too often that I get a laugh while reading SEC repots, but I was hysterical after reading that statement! That's some brutal honesty! Keeping with that metaphor, I think they may have just turned off the seat belt sign and we are now free to move about the cabin, lol!

You probably saw the recent 8k reports indicating MFIC has extended the 3.2M Euro debt to 12/31/2004 for the fee of 500,000 144 restricted shares. These actually seam like pretty favorable terms IMO. The 500k shares @ $0.15 is $75k, which roughly equates to about 4.5% APR on the 3.2 Euro balance (assuming 1 EU = $1.15....and term of 6 mos.). Then consider that the 144 shares are restricted for at least one year and the loan extension is only for 7 months....this almost looks like a vote of confidence from the bank....or at least some incentive for the bank not to force liquidation until after 5/11/05. Am I missing anything?

I am also encouraged by the fact that the private placement investors have exercised their $0.10 options early (and don't seem to be in a hurry to sell).

If you haven't seen these posts on RB, they might be of interest to you:
Summary of phone conversation with CFO:
http://ragingbull.lycos.com/mboard/boards.cgi?board=MYMX&read=187

Mymetics and protienXpert are presenting at BIOtechno2004 in Rhone, France on 6/4/04:
http://ragingbull.lycos.com/mboard/boards.cgi?board=MYMX&read=210

As always, thanks for sharing your hard work. I don't know how you find so many good companies so early; but I appreciate the opportunites you find!