like you I was amazed at the outrageous claim and I said this about it
a very large # of us here have a basis of 20 cents and under...that group is also made up of individuals who understand the general difficulties associated with biotech startups. We dont find the companys cash position today as remarkable given where they are and expect that to END rather quickly on the completion of their IND. We do find it remarkable that new posters are showing up here to post OLD BOILERPLATE and disparage the company with the apparent AGENDA of knocking the price down. Imagine if some real estate speculator...looking to get cheap property in YOUR neighborhood...Pulled in your driveway and got a sign out of his car proclaiming your neighborhood was built on a nuclear waste dump...and thereafter STOOD in YOUR yard and waved the sign at traffic on your street. How would you feel about that individual? What would you do? Well if you lived in one of those states that have a "stand your ground law" you might go to your closet and get your GUN and then SHOOT the SON of a BITCH. There may be those here who consider their STOCK property worth defending in the same manner they would defend their real estate. Others here may have the computer skill to find you in REAL LIFE ...it really isnt that difficult.
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