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DonShimoda

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DonShimoda

Re: surf1944 post# 60

Thursday, 12/23/2010 11:09:18 AM

Thursday, December 23, 2010 11:09:18 AM

Post# of 4126
fyi, the CFO just picked up shares at .94. however, the co. also just filed a shelf and recent sec filings indicate the need to raise at least $3mm in order to move their 2nd drug candidate CPP-115 to clinical trials so any move to the upside may be capped by upcoming dilution.

Long-term I see this company being bought out by Lundbeck in order to protect their $900 million investment in the antiepileptic drug Sabril (Lundbeck bought Ovation in 2009)

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