InvestorsHub Logo

Kag

Followers 1
Posts 788
Boards Moderated 0
Alias Born 02/01/2006

Kag

Re: steelcitydog post# 2351

Tuesday, 02/28/2006 8:15:28 AM

Tuesday, February 28, 2006 8:15:28 AM

Post# of 30387
Steel City,
We now know what triggers the first milestone payment to BioCurex. It is Abbott's successful completion of its feasibility review. It has been almost a year ago that Abbott started the process involved in that feasibility review. It logically has to be very close to being completed. That is about where I would like to leave my prediction concerning when it may occur. It seems obvious that Dr. Moro has been giving hints about its successful completion. My guess is that the "real" upfront payment will occur when this milestone occurs. It could easily be the event that provides the cash BioCurex needs to get off the pink sheets. But the main thing it could do is give BioCurex the publicity required to bring in a swarm of new investors. That is when the current shareholders should have the opportunity to sell some of their stock (at a good price) if they choose to, and realize some good shareholder value on this investment. If there is some good publicity that accompanies reaching the first milestone, I would not sell too quickly. With a small float the current investors would be in the catbird's seat. Let the stock run a little first. As long as it is doing a nice run, just watch it closely. kag

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.