RE:RE:RE:RE:Trading below PP "As far as who owns what, insider this and that, it all comes out in the rinse." Your name clearly indicates your bias in this play and thats fine, but my post was educate shareholders that management owns a handful of shares. If management owned shares they would not have made terrible market decsions which they did, Maybe the team arent market people, but they brought a share price from .58 to .35 with now 40 million warrants, As much as you want to compare to BLU because your looking to be in their footsteps.Management didnt buy shares at .03 but they sure diluted at .35 becuase it pays their salary. You dont need to be defensive of other companies, They just treat shareholders better
First off, go to
https://algernonpharmaceuticals.com/ and it even has COVID pictures ..... Taking complete advantage of retail buyers... Then go to their news release
"The company cautions that, while it is preparing to begin phase 2 clinical trials shortly, it is not making any express or implied claims that NP-120 (ifenprodil) is an effective treatment for acute lung injury (ALI), the COVID-19 virus or any other medical condition at this time." I have added market caps to the BIo Comparables and the reason I put arch is becuase they were 8/10 in the TD top 10 BIO sector pics when i first came to this board when AGN was 9/10. Yet AGN isnt in the top 100 now becuase of the terrible financing.
AGN - NP-120 Phase 2/b3 Clinical Trial - Repurposed Drug
Market Cap - $35,3 Mil
Shares Outstanding - 120,000,000 Warrants Remaining - 40,000,000!!! Insider Holding - 2% Insider Buying - $30,000 BLU - Owns a Drug and Commercialization - Phase 3 Market Cap - 860 MIl Shares Outstanding - 60,000,000 Warrants Remaining - 0 Insider Holding - 33% Insider Buying - $274,000 Lets Throw in ARCH for fun - Metablok Phase 2/b3 Clinical Trial - New Mechanism of action published in CELL. 2 Drugs in Clinical Trials Market Cap - 83.2 Mil Shares Outstanding - 58,000,000 Warrants Remaining - 0 Insider Holding - 55% Insider Buying - $282,000
Thank you for answering the patent question, have they all just been filed or have any been awarded? Nice videos on the Website also, but if you cant look inward on major issues than I have to ask, Are you an Insider or IR?
Good luck to all , I want you all to make money