UPDATEHello All,
I sent an e mail to MR. Mc Innis on march 26,
I was challenging him on the stock price being at 11 cents and if no update is done it could go to 5 cents.
I thought I could share his response.
Good luck.
Since then I bought another 300,000 shares to average down.
Thank you for your e-mail. Needless to say, I do not believe that the current market price reflects the value in the company. We have a number of programs that are ongoing that take time, which this business requires, and which will be announced when they are final. Any such announcements of “coming events” can only be viewed as “pumping” the market, a practice I will not engage in. I expect to have a full update based on real results within the next 4 to 8 weeks.
Personally, I have never felt more positive about the current position of the company, and when the current activities generate the results that are real and announceable, I believe the market once again will reflect the real underlying value in the company.
In the meantime, thanks for your support – investments in biotech need a certain amount of patience.
Bob McInnis