Betababe I'm not ksuave. I used to be No_Hype at RagingBull a few years back....and knew you from the ACCR board. I'm now zenvesting at RagingBull.
MYMX doesn't have any revenue or contracts. They do have some key aspects of a good speculative play (highly credentialed directors and credible partners). They also don't have any floorless convertible debuntures or fishy financing arangements that would make me consider them a scam. I think it's a legitimate long-shot with potential huge returns. I only have a small position....I certainly wouldn't reccomend it as a core holding. But if only one of the long-shots ends up being a 10-bagger, then you can cover a few mistakes you make along the way too.
They only have 80,000,000 authorized shares.....so their fully dilluted market cap is about 8M right now. They have a unique, patented protien that binds to the HIV receptor site, which could be used for HIV therapy and/or vaccines. If they can land a liscensing deal with a major pharma company, I think they could easily double from here....or a lot more.
My portfolio is a mix of value plays and small positions in these kinds of long-shots.
Good luck to you.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854