Protagenic Therapeutics Inc. (PTIX): They're definitely closing certain porti...

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Protagenic Therapeutics Inc. (PTIX)

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Re: chunky-g post# 102505

Thursday, 05/24/2012 8:31:55 AM

Thursday, May 24, 2012 8:31:55 AM

They're definitely closing certain portions of the business that apparently are not profitable to run any longer. The question remains what "remaining assets" they're referring to in the PR. I believe their Intellectual Property is the most valuable at this point. Even if they sold everything for $20m that puts us at over .20/share.

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