Replies to post #7 on Qrons Inc. (QRON)

[tutankhamuns]

Great find! I bet a PR confirming the acceptance of the patent will be released shortly after the website is announced.

I skimmed through most of it just to get an idea of what it entails, and it looks like they found a legitimate method to regenerate brain tissue. The risk here (as with all biotechs in the early stages) lies in how much this patent is worth. And of course, the FDA will have the final say on whether or not this technology can be commercialized.

This statistic in particular stood out to me:

The economic cost of TBI in the United States alone in 2010 was estimated to be approximately $76.5 billion.

If Ariel's tech can reduce costs by even 50%, the patent would be worth $382.5M (assuming the Company is fully diluted and that is their sole asset.) Pretty interesting to think about...

It also looks like the CEO owns an investment firm called CubeSquare LLC. So if we see lots of his funds filtering into the stock, it will be an indication that future FDA trials show promise.

Thanks for your DD. Looking forward to reading more about the patent.