very well said Inov
(little longer contribution, sorry for that)
It really has no meaning what we personally own of the company.
I see personal attacks everywhere and the worst, some believe some leaders.
IMHO: Just don't.
Enjoy the convo on the boards, even the bashing or pumping of a stock, best if there are more detailed discussion backed on filings, actions, financials and science.
I believe I do the latter, but yes - sometimes I went emotional and too bullish or too bearish. I am learning too.
Newrunner, FWIW and it should not matter at all,
I have reduced my holding and changed my strategy here to buy on the uptrend. Good thing is, if they would succeed, I know the value, so I would not be scared to buy at +20% or even 50c tomorrow 8o)
Newrunner, you claim you have almost or more than $1M invested in this company. Not knowing your financial situation, but that is totally up to you. You either will win big or lose big. This is a biotech stock and regardless of OTC or not, they often dilute their SH into non existence, as they have no revenue (nor profits). You and we all know that.
I regular mention this risk here, especially after last 10-Q. Deal or no deal will probably be the next trigger moment stepping up or further down.
Probability of a great Partnership Deal
After all these years waiting, we all here have identified the sad pattern of management performance. And while we all here still have one thing in common, thinking the science is great, we all scratch our heads how all of this is even possible: Not finding a partner.
So NP couldn't find financing for at least $10M under our known bad terms.
No, the terms offered were even worse!
How is that even possible?
Don't you know that NP probably offered insight into the overall financing and partnership deal?
He surely offered an NDA and disclosed this information, IMHO.
(Note: Even Paulson participants were offered an NDA - at least me.)
The rejected $10M financing offering tells us a lot.
It tells us that the suitor(s) assess the information given under the NDA is not good enough.
It tells us something about the partnership deal, IMHO.
And as usual: All IMHO.
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