Tuesday, February 14, 2012 2:36:38 PM
Today the news came out and once the trading price started lower than expected, alot of those that would have held jumped the boat just to make sure out with a profit!
The news wasn't the greatest news as some people were hoping the company would be bought out for $12/share by some big pharmaceutical company. Basically we're making Generic drugs, but it can be profitable and the company has a lot more in the pipeline - so it can be VERY profitable.
The cash burn isn't bad, get 3-4 of these "licensing agreements" out there, let someone else spend the money/time to sell our approved drugs and we're in good shape!
Recent IGXT News
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