Replies to post #2231 on Champions Oncology Inc (CSBR)

[fred the cpa]

Thanks Beaner. I already had read it. Well, this solves any problem they may have had with cash flow, but seems to price CSBR at 0.75 per share, which is a reduction of 0.09 per share from its current level. I laugh at this for a moment since one of their first private placements that they made a few years ago was at $1.75 per share when the Company had practically nothing. Now, several years later, when the Company has its best financial statements as well as a good contract with Cephalon , the Private Placement is at $1.00 per share cheaper than it was when it had nothing but a future and no financials to it up. Perhaps the price has been kept artificially low by the new C.E.O and new President so that they and their fellow investors would be able to buy in at such a lucrative price. There will be a presentation at AACR on April 5, 2011. Perhaps, at that point, the stock will begin to move up. The one positive thing is that CSBR has grown the Company through equity capital rather than through debt. However, the valuation of the Company for the old investors has been way too low on an historical basis. The mere announcement of Dr. Sidransky as the Chairman of the Board four years ago caused the stock of CSBR to rise to $2.15 per share when the Company had nothing. We have come a long way since then. However, the stock has gone in the reverse direction. I believe that this Private Placement satisfies the requirement that the C.E.O and President raise at least $5,000,000 in Private Placement by April, 2011. Perhaps this will be the starting point for the movement upward. In addition, it is possible that the new investors will maintain the price of the stock of CSBR above 0.75 per share. I believe that they got a very sweet deal. The payoff for them, as for all of us, will come when CSBR is purchased by another Company which I am certain will happen someday.