RE:New update on PMN websiteI hope you're right RC. Board and management owning 20.8 % fully diluted, they certainly have padded themselves with options.
Lots of praise for the new management team, but i have not seen any solid news to date ? To hire marketing team to promote they have patents seems a bit ridiculous to me, announcing patents over the last 7-8 years haven't bought them anything. Could have been a false front.
May-be the some preliminary news on In-Vitro Validation will be the jump start. I noticed in their corporate update that "In-Vitro validation with Brain tissue of AD pataients, target completion in Q2- goal to show bilogical proof of concept - prion selectivity, positive findings would substantiate our likely differentiation".
They probably did this already in Cashman's lab, they new of their target early last year will before they patented it. It does not take long for mouse studies ? I'm sure Cashman knows the answers to these ?
Last report, said they had money till the second quarter, getting close, i can till you one thing if they try and pull a fast one and raise the 2MM as their update says at these levels, i will be asking the securities commission to investigate "Cashman's Lab", this could put far to much ownership in the BOD, and would be a scam if they do this ?
Hope it does not get to this, but do you folks in Edmonton want to remind me what you were told last May ?