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Re: Porgie Tirebiter post# 80993

Tuesday, 02/03/2009 1:24:35 PM

Tuesday, February 03, 2009 1:24:35 PM

Post# of 82595
from what i read, the deal didn't go through because nanobac failed to come up with funding in a time when biotech wasn't a hot sector...it didn't appear to me that the deal fell through because of a lack of value in the patents. I think that biotech is becoming a hot sector and money will flow to it because where else is the money going? gold and low risk bonds maybe? healthcare and biotech are going to be my areas of focus this year(i've already made a ton on stem cells and i think they have a lot more upside) with some gold plays mixed in...and maybe some commodities. I appreciate where you are coming from in your investment filter..you are very objective. I'm more of a subjective investor and like to identify trends before they begin...much riskier, but its worked for me.
here is the 8k that discusses how nanobac had to raise the money:
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5692143