InvestorsHub Logo
icon url

Truthsocial

08/04/23 5:02 PM

#163624 RE: rogers711 #163623

First half is behind us and imo we have success with a submitted IDE application and clinical trials upon approval building a solid foundation for the completion of the mission patience
Bullish
Bullish
icon url

SC8

08/04/23 6:51 PM

#163625 RE: rogers711 #163623

Just confirmed an already bad situation to anyone paying attention.

IsoPet is hopeless, but we already knew that. Revenues declining, and what IsoPet is sold, is sold well below cost. The crime is MK continues to waste $ and time on this distraction at expense of getting Radiogel to human trials, which is only thing that matters now.

Cash situation is bad, but again, not a surprise. Last offering has already been burned through. About 7, maybe 8, months worth of cash remains. maybe less. So looks like there will have to be another offering soon at very poor terms before IDE submission.

Best thing would be for MK to be immediately replaced with competent management. That alone would boost confidence and atm pps to yield much better terms on the next offering and give us a fighting chance of getting Radiogel to human trials.
icon url

konshe

08/04/23 10:31 PM

#163628 RE: rogers711 #163623

Today people sell stock for many reasons: Friday ( Need cash) and 10Q out with lose ( we already know that ). MK didn't issue big news this week ( just waiting ). I still believe that next week PPS will go up.
Bullish
Bullish
icon url

splintered sunlight

08/05/23 12:12 PM

#163637 RE: rogers711 #163623

Cup half full or cup half empty?...