Replies to post #58723 on Biotech Values

[apljack]

IMYN: Tina Marie, what do you see here. From what I can dig up (and there's not a whole lot out there) this looks like a pump and dump scam to me.

Huge float

Nothing at clinicaltrials.org

Homepage is full of innuendo, fluff and "beliefs"

No income


aj

[DewDiligence]

IMYN – I concur with aj: it walks like a scam,
honks like a scam, and… From the latest 10K:

http://www.sec.gov/Archives/edgar/data/1375623/000095012307004764/y32606e10ksb.htm

>>
The Company is in the development stage and
has only engaged in organizational and
fundraising activities to date. Its principal
asset is the exclusive license with Argyll
Biotech. The Company intends to develop its
operations so that it is in a position to market,
distribute and sell SF-1019 as soon as
appropriate regulatory approvals are received
by Argyll Biotech for SF-1019.
<<

Why is there a need to develop a marketing and
distribution infrastructure for a drug that is a probably
a decade away from being approved for marketing?
Something here doesn’t compute.