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Wednesday, December 08, 2010 12:22:30 PM
Personally, I think it’s swell that they've promised to set up an in house investors’relations program and keep their website better up-to-date, but those things ultimately are not going to help the bottom line, and if this was an example of the efforts to come, they might consider hiring some pros.
I found nothing either encouraging or discouraging in the discussion of their share structure.
Regarding the discussion of strategic alliances, the only one Dr. Tate mentioned was the already much-touted one with University of Florida’s Medical Research Center, in which he explained that the company has offered the facility research quantities of the drug for any experiments they might wish to try with cyclodextrins (and what obligations the university would owe them if they discovered anything notable), but if you do a search for cyclodextrins at the website of University of Florida Medical School (http://www.med.ufl.edu/) absolutely nothing shows up. I don’t find that particularly encouraging.
Finally, the absolute amateurishness of the video and its presentation caused my heart to drop. For all I know, Dr. Tate is a genius of medical research and a very fine human being, but watching him sit behind that table with some papers and his cell-phone strewn about in front of him while he spread his arms expansively and told us that we could plainly see how exciting the progress was coming along in their large and beautiful new facility made me rue the day I ever bought a single share. The only thing I found encouraging about that was that there was a window behind him without any bars on it.
Please, tell me what I am missing, prove me wrong and tell me one single bit of information that was in that video that should make me feel encouraged.
TIA
ksuave
I love my cigar but I take it out of my mouth sometimes.
-- Groucho Marx
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