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d0lphint0m

02/13/16 8:13 AM

#664 RE: chumppunk #663

I don't see how the FDA could have a problem with Charlie being part of the trials. He is being screened as any individual would have to be screened. They have been totally up front on the Oz show that they are in Phase 3 testing. There is absolutely nothing shady in including Charlie in the trials. Charlie is looking for a regiment that is less toxic and less time consuming and Dr. Nader is attempting to include him in the trials for such a drug. As for March 18th, if someone were attempting to take over the company I would think we would see much more activity and volume then we see if someone were trying to acquire large stake, imo, although I would love to see such a move.

Amatuer17

02/13/16 9:00 AM

#665 RE: chumppunk #663

If you read the 8k - you will see that company has issued or locked for issue (as part of warrants and options) approx 188 million shares out of 200 million authorized shares.

With 3 trials expected - company will need more funds and will need to issue new shares - as such they need to increase authorized capital

So I do not see any other motive.

Also check clinical trial site - the P3 trial details have changed - the primary completion date has been changed to Aug 2017 - this is odd as Dr N was talking about enrolling all patients by Aug 2016 - this increase also may need more funds.

So expect much more dilution in 2016-17 - Forbes article said the same - the company is short on cash and it takes enormous amount to get the product fully approved.