Medipharm Labs Corp T.LABS

Down

[jayc1]

Down more than 20 percent since the ER. The frustrating part is that it takes small volume to bring it down. Absolutely now support

[edvirtual]

This post has been removed in accordance with Community Policy

[corvette67]

Assets only valued at 8mil+ cash or .04 er share when the cash is gone.Good luck with this.GLTA

[alleyesonme]

LOL..assets valued at 8m eh...not true....try 87.m or 113.m can't remember exact number from the recent financials but 8m isn't remotely close....not to mention licensing and intellectual property...two year cash runway...that's a long time...not selling a single share at these levels.

[checkup]

I shall not sell any as well.   GLA

[corvette67]

Well Alley, as a Chartered Accountant i can only tell you that the book value of the assets is irrelevant. The market cap values those at 5mil if in fact they have 35mil cash which is now $.02 .If in fact those assets were truly worth 113mil, someone would have made an offer to take this out. EVE burned off their cash and is now in protection. My guess is the shareholders will get zero. Since i

[subaru1]

NOTE 11 – PROPERTY, PLANT AND EQUIPMENT AND INTANGIBLE ASSETS= 34 millions plus another 34 millions in cash. I don't get your point.