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massulo52

08/16/20 1:36 PM

#7719 RE: Whalatane #7714

I think that Dr Javitt knows that the results will be positive ,I hope and there will be a stoppage of the study midway...IMO

mikar

08/16/20 1:36 PM

#7720 RE: Whalatane #7714

Once hundreds of millions of dollars in revenues are coming in there will be a massive stock but back. No R/S needed.

PennyWorld

08/16/20 1:56 PM

#7736 RE: Whalatane #7714

Whale, I can't answer your question regarding GEM with any level of certainty. So I won't try. However, I agree with your last point. If they can manage to fund trials without dumping shares, then the price will take care of itself and qualify for NASDAQ uplisting.

Longer term, if they are pursuing a merger/buyout, they may need to clean up the books which an R/S can help do that. However, by then an R/S would not hurt the SH...it could only help them.