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Friday, November 19, 2010 12:14:56 PM
True enough. I think it's an out-and-out scam. I have many years' experience in the biopharmaceutical industry in the US and internationally, and I can guarantee you that Spencer Pharmaceuticals so-called drug delivery technology is both years and millions of dollars away from the market, and that even if it were to make it to market, there is nothing noteworthy about this technology.
I also know that no reputable company PRs a "dinner(lunch)" with an alleged partner that has only just spru7ng into existrence, let alone tries to flog tickets for $1,000 a head to the sforesaid "dinner (lunch)" to curious punters.
"you need to do your own DD and decide for yourself as with any stock"
I strongly agree with this. Please ensure that this DD includes talking to someone who knows both the science and the regulatory sides of the biopharmaceutical industry.
Be sure to show them Dr. Arella's PRs, all of them. When they've finished laughing, they'll tell you what you need to know.
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