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mailman69

05/12/15 1:00 AM

#30885 RE: RiverNorth #30884

There is no PR therefor no link. Any news will come out in there Q report due out between now and May 15th

This is About going into FDA testing and getting long term funding
If so we could see 005 to 5 cents on that news IMO

Tiger Paw

05/12/15 5:09 AM

#30889 RE: RiverNorth #30884

Exactly!

einrad

05/12/15 6:59 AM

#30895 RE: RiverNorth #30884

FDA approval is still a ways away imo. They must prove first they have the funding and actually restart trialing, then apply or submit their results to the FDA. It is a process imo and will take time imo. What will help too is while trialing is on the way to have regular news, or the initial pop may sink.

Ognib

05/12/15 7:14 AM

#30899 RE: RiverNorth #30884

I don't think people are "expecting" FDA. It's a possibility. And at .0005, people think it's worth the gamble. All penny stocks are a gamble. But given all of the bad things being said about TCEL from disreputable sources (see a certain video posted again and again) one would expect it to be much lower if the stock didn't have a good chance to go up in value, for the company to achieve some success re: testing