There will be no buyout at least until the CTA is filed in Europe and the Phase 1 trial begins. Then the price tag goes up considerably. Dowling, Tomc and Mona III should be in this for the long run and they didn't hire Duffy for a short-term pop. This company is poised for the future post the FDA interim rule and clean out of BS companies owned by Housewives of Orange County or headlined by Rob Gronkowski. Product line is expanding (I'm sure they're working on Pet products), new talented head of marketing hired, things happening. Duffy can't just go in to FDA and say, "publish an interim rule", but I guarantee he's doing all he can to talk to the right people. The last month has sucked extraordinarily, but the fundamentals have not changed. Learning the hard way of the vulnerability of OTC, and I'm not getting my hopes up about Nasdaq at this point because of the current stock price. I think the Mona stank got in the way and now our window has passed. At least they will have satisfied what they can and as time goes on, Mona II is in the rear view mirror. No one has more to gain than him, and I assume that his son is doing all he can to help the company. If not, then he's as dumb as our President tweeting out an intimidating message while an ambassador was testifying.
I'm holding long and hold a lot of shares. Hoping to get back to and hold $1.50 and then up by intervals of a quarter. We'll see.
Good news: the week is over and we cannot be dropped lower by whomever is dropping us lower. It's not me. I picked up another 20000 shares on margin, when I promised myself I would not. Some are addicted to tobacco, some to porn, I am to CVSI.
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