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Re: Gsdubb post# 5814

Tuesday, 03/11/2014 11:46:45 AM

Tuesday, March 11, 2014 11:46:45 AM

Post# of 106840
But Dubb, lets be realistic OK- so far the Phase III has dropped off the radar it appears and all we get now is PR about odd-ball "medical tourism" and 3rd world country "deals" and then Angel, a "new" Phase I being in Mexico of all places when the original PR about it said University of Miami was going to be the place. The other Phase II/III trial, Marvel was clear back in 2009 and pretty much has died. Their own 10-K/10-Q said they "hope" to restart it someday but never could get "funding" for it. I mean- it's a long, long, long shot- lets be real. They, in my opinion are not even remotely close to any FDA approval of anything and don't have the money to do so anyway. Again, be real and grounded and not in the clouds on the reality facing the situating. It's not trading at under 5 pennies cause things are going super well or anything- I mean, lets face some facts.

Could they pull a miracle rabbit out of a hat? Sure. A hail mary is just that and happens every once in a while on this planet. But these guys are as the old band name says, in "Dire Straights" as far as every key financial reality I can see (IMHO). An old biz saying says, "CASH IS KING", and they ain't got much cash on any given day and that's despite selling shares by the truck load full . From over 200 million shares outstanding what, only 8 months or so ago, to now over 350 million shares outstanding and rising by the day. My guess- is the this next 10-K will show well N. of 400 MILLION shares as being the new outstanding share count.