Goodmooring, business does not matter on penny stocks;
Buyers vs. Sellers and what the company does with their stock is all that matters. period. My tune has not changed because the stock is all that matters. If the company makes money, they will keep it and not pass profits on to shareholders nor will the stock magically go up because of business.
People have lost fortunes holding stocks thinking business matters and their stock is better because it has business. In the same breath they will say "why is XYZ stock running with no business and 8 billion O/S" proving exactly what I am saying.
Bio techs are a dime a dozen. They may never even get their drug on the market, bio techs are a huge gamble. But if you get one good one , great things can happen. This stock for sure is not one to look at everyday, it will go nowhere but down until they have a drug they can market.
News 
Market Data 
Discover 
