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fojcol

09/06/20 11:39 AM

#21682 RE: trader59 #21679

The company's IP has had further developments, so it is not the same. Also, now there is a well-funded company coming in to "manage" the company and help it further develop its IP even more... including ensuring its FDA-approved PHASE II trial is funded. You short change these very important aspects of the company's development.
The fact that it could NOT raise the $$$ it needed in the past is a GOOD THING. If it HAD been able to, we wouldn't be here now, sitting on a gold mine.
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fojcol

09/06/20 11:43 AM

#21686 RE: trader59 #21679

"It is completely absurd" is your very strong opinion, not a "fact" in any sense of the imagination. Do you recall how APPLE was at one time "on the brink" of bankruptcy, being bailed out by its competitor only so that MS couldn't be declared a monopoly? Its shares could be had for a song compared to today, and I'm sure there were naysayers saying, "Why would you invest in this? Because they have not succeeded in the past, that means they CAN NOT succeed in the future!" lol!