TSXV:CLAS.H - Post by User
Comment by
Looking4Doubleson Mar 22, 2020 6:39am
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Post# 30834670
RE:If the vote passes
RE:If the vote passesScotty wrote: Is there a scenario where this doesn't immediately tank into oblivion? LF input!
Sure, Here's a few:
1.) At the same time they do a reverse split, Bassa moves the company to a new stock exchange and Bassa's fund and his Israeli banker friends get to invest in the company, since it would no longer be a penny stock any more. The added visibility on a bigger exchange at the time when all other stocks are tanking could be pretty inviting for big fund managers. (ie Get in early on the next GW Pharma is how the company could pitch it)
2.) Due to the corona virus issue, you could see regulators loosen their testing requirements significantly for either drug in order to save more people during this time period. In the U.S. they just did a LIVE human test for a vaccine already after a few months of testing and that broke ALL of the standard regulations rules ! (normally takes 12 months) I don't see why they couldn't do the same for GVHD.