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Andecker

03/12/20 9:16 AM

#11432 RE: Wow1234 #11431

Thx WOWMAN - I am still buying and have been on its way down again also...will probably pick-up a few more shares today/Friday. To be honest, I would have thought that some positive news would have come out in 2019 - when do you believe their first catalyst will occur?

Are you concerned about:
1. Additional shareholder dilution?
2. Their cash burn?
3. Lack of any updates on products?
4. What gives you optimism ion this stock?

Thx!
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Andecker

03/26/20 3:39 PM

#11433 RE: Wow1234 #11431

Hi WOW,

While market has decent start to its road to recovery the last 3 days, SRNE is down.
Any thoughts? Why is this thing a pooch right now? Are you still accumulating today? Thanks for any info...Andecker
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Andecker

04/29/20 11:39 AM

#11434 RE: Wow1234 #11431

WOWMan, When do you feel we will be reaching our next mile marker with SRNE?

Odds are not in our favor that SRNE will have a "winner" in the COVID race - perhaps a long shot with Cellularity and/or some manufacturing outsourcing using SRNE's capacity - so this leaves us with its pipeline only.

We've been patient, as you are, for years now; We are told results always coming in the "...next 1/4", rumors of a Chinese market IPO last year which fizzled (much prior to COVID scare), listing on Hong Kong exchange I believe was also floated but nothing, a continual search for employees (always 30-40 postings) for last few years (does this tell me they can't retain employees which is very costly in itself...), flat lined income/ ongoing losses, continued dilution of shares we own as new offerings come out of the blue to fund ongoing operations....odd "offerings" at $5 and $7/share BUT stock price sits at $2.XX - this makes no sense. Should be at a floor of at least $5 IMO.

So - my question to you - I know you are long but what insight do you have to stick with this?

Why ask you?
I recall you mentioned this stock a few yrs back on this message board and I also had at the same time.

Thx!? Andecker