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Samsa

05/10/18 7:35 AM

#34808 RE: doogdilinger #34807

Doog, I guess the Regabatin deal we will have to wait and see the actual numbers, but honestly, I would suspect somewhere in the range of a 10 million upfront payment. If that is the case I would hope we way surpass that dollar mark.

I still feel, that there is a huge disconnect between our share price and the company value. We were trading at a market cap of 96 million BEFORE they filed the Rexista NDA application.

Since then we have obtained another ANDA approval. (granted its not selling much but that does not make it valueless) We are only months from resubmitting the NDA application. While our revenue is down, that is only a recent development and the revenue we did have coming in was not enough to make us CFP so a drop is really inconsequential. regardless, you had to raise funds, the only question was how much.

So assuming we get a partner for Regabatin and it comes with say a 10 million up front payment, why should we not surpass or at least be back to our original Market cap of PRE NDA submission of 90 million? Answer, that is where the manipulation comes in. Granted 90 million market cap gets us only back to the $2 range instead of where we were at $3 but I am just talking fair valuation in market cap.

So the only reason we do not way surpass the $1 mark is because someone does not want it to.