Great post fmrick.
I haven't had the interest to do the math yet, but I knew it was over the A/S so I haven't given it my DD yet. Thanks.
I've posted a few times, but only to get trashed by dreamers.
It doesn't surprise me one bit the 1/100 split. This is Ray and Loretta's last chance for this company I think.
Tesetaxel will be monumental if it works, but I haven't seen one post of where it's at in development from the posters here ever since Genesence failed in the Agenda trial.
For the new investors here, It's an Oral Taxane(Chemo that can be taken orally to kill cancer). No one has this treatment yet and it will be a Godsend when this is available.
Realistically, it's got to be at least 18 months to 30 months away before FDA submission. First Genta needs the Development of this drug, and for fun lets say it's next week and it's ready for a test. The test has to be submitted to the FDA for approval, then months later it's approved for testing and patients will have to be collected and the testing hospitals and doctors aligned. More time. Then the test. Six more months. All this placated on everything going as planned.
Back to at least half a billion shares with Ray and Loretta having at least one third of the shares tied up in ownership and bonuses.
I will invest if this all plays out like this here again, but my dollar is a long ways away from being in Ray's pocked now or in the near future.
Just my point of view.
Happy Trading, Learner.
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