Replies to post #88 on Portage Biotech Inc. (PRTG)

[bbhuey]

The MMS are clearly in control here.
to bring it down maybe in advance of the company or any of their invested companies making a stausannpuncement on progress and future milestones.

I would thought it would hold up better
but it is thinly traded

They have three drugs with orphan designations one due in August and don't know on the other two.

[bbhuey]

The PPS and the people in the know
braced them selves for the drop to 35 percent ownership in Biohaven after
the $80 M funding. Investors perceived this as being a negative impact on the stock but we really gained.
value

49percent of market value before funding $130 M equals $63M

35 percent of $130 plus $80 M cash equals $210 M equals $73 M

Net Gain $10 M