I have heard that they the CEO of Humana, a VP from Pfizer, and a couple of others (can't remember the names) from large drug companies are all joining as members of the board of directors between Sept and Oct. I also learned that a lot of insiders own stock at prices between $3 and $4. They can't buy more because of NDAs they have signed. Not sure when the NDAs expire. PRED has a boatload of patents. I have heard some wild numbers of where this stock could go; comparisons were made to China Biologics (CBPO) which was $1.05 in 2009 and hit $124 in 2015. I don't know that I believe this stock is going over $100, but I do believe we should see some doubling or tripling in the next few months.
DISCLOSURE: I am long PRED, I have no intention of buying more or selling shares within the next 72 hours. Also, I have no short position in the stock.