Kane Biotech Inc. V.KNE

News required to move price upwards

[francoisl13]

Now that short term credit facility concerns are behind us, at least until end of November, KNE needs to present some good news to the market in order to gains some momentum. Here are the one I see as short term priorities (ie.: before end of October/November);
1. News about the first Coactiv+ order from Progenacare shortly followed by one about the first product delivery;
2. News about the start of the DispersinB phase 1 trial with DoD;
3. News on the DispersinB clinical trial for acne with the UofMiami.
All of the above needs to be announced as soon as possible in order to meet previously published expectations by the company.
P.S.I'm still puzzled by the fact that Progenacare (and Salud Pharma) are not posting their deal with Kane about the Coactiv+ product and don't even show the product on their respective website.
GLTA

[KevinOleary]

1 How about waiting until the plant is able to produce coactiv in January? The dispersin trial started. You're far from being on top of this investment, so I get it that you're puzzled. 

[francoisl13]

Well, if the plant is not ready to produce Coactiv+ as we speak then it is a very poorly execute process. The plant should have been up and ready to produce as soon as the FDA approval was granted. KNE should have been reporting sales in Q3, they didn't so, now the market is waiting for them to report, at a minimum, orders in Q4. Shipment in Q1 2024 will be fine but they need to show that

[RoyMax123]

Frank, You have some answers here... https://www.facebook.com/watch/?v=292568703569665 DispersineB Clinical trial not started but near Acne Trial they are still working with university of Miami and  will also have a trial in Israel  They are currently producing Coactiv+ in house to bridge until the plant is fully producing etc. A good video so far. and here a picture of their first

[RoyMax123]

And what surprise me is they expect to clean up the balance sheet  and have some cash left with the sale of the animal health business, which is more than I expected

[francoisl13]

Thanks RoyMax123 for sharing the info...I must have been blind not to see the video and the (very nice) photo of the Coactiv+ product. I was waiting for a press release regarding the production of the Coactiv+ product but we got the info from Facebook and LinkedIN well, it is where news and info are being shared these days so,I better start looking more regularly at those site. P.S. I really like

[KevinOleary]

1. "Well, if the plant is not ready to produce Coactiv+ as we speak then it is a very poorly execute process. " No, blindness is not the problem; you're just plain stupid. You try to dumb down the world to your level by thinking you know more about getting a deal and getting a supply from a contract manager than kne management. Maybe the plant operator wouldn't touch this risky

[francoisl13]

You are my shining star kevinoleary! Thanks for your very useful post. You're the type of person we all need on a forum. Now, take your pills and go to bed. Good night.