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Bullboard - Stock Discussion Forum Antibe Therapeutics Inc(Pre-Merger) ATBPF

Antibe Therapeutics Inc. is a clinical-stage biotechnology company. The Company is leveraging its hydrogen sulfide (H2S) platform to develop therapies to target inflammation arising from a range of medical conditions. The Company’s pipeline includes assets that seek to overcome the gastrointestinal ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead drug,... see more

GREY:ATBPF - Post Discussion

Antibe Therapeutics Inc(Pre-Merger) > It does not make a lot of sense
View:
Post by Duster340 on Mar 26, 2024 9:27am

It does not make a lot of sense

that nuance would burn through there own cash to let antibe carry on with the P2 trials. what if the drug is unsuccessful?  the burden of bringing the drug to a point where there would be potential partners or to a point were they could have got a financing deal was squandered by a poorly run company. nuance has got antibe over the barrel, if for some reason they were to throw out a life line it will not favor antibe or it's share holders.
glta
Comment by Forestview on Mar 26, 2024 10:19am
Here comes Duster spewing unsubstantiated claims that are not rooted in anything other than his personal opinion.  Again, if ATE goes bankrupt, Nuance is a creditor.  They will not get anything.  So, it's in their best interest to let P2 play out.  And, Mastermind was right, the reward has to be filed in Ontario court - that process hasn't started yet, and could take ...more  
Comment by Duster340 on Mar 26, 2024 11:39am
reality is starting to set in with forestview "if ate goes bankrupt" he says,  so my question is why would you invest in a company that has a better than 50% chance of going under. that is not investing that is gambling. i rather be a good investor with bad grammar than a bad investor with good grammer lol.  and if you think this is more nonsense i recomend that you load up on ...more  
Comment by Inthepez on Mar 26, 2024 9:12pm
Then why are you wasting your time constantly posting about a  company that has "better than 50% chance of going under"?  Peasant penny flipper lol! 
Comment by mstrmnds on Mar 26, 2024 2:55pm
Because it's not up to Nuance to decide.  The payment terms are not in Nuance's control and is subject to fair negotiation.  Antibe controls the cash and can drag out repayment until more favourable for the company.  Antibe needs an MOU to delay repayment that can be publicly disclosed while the payment terms are negotiated longitudinally. Bottom line, a creditor cannot ...more  
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