GREY:IPHAF - Post by User
Comment by
wrongturnon Jul 08, 2010 5:59pm
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Post# 17255131
RE: voclo lux tangle
RE: voclo lux tangleAntoninus,
Having experience in the transplant field is probably why Lux's mgmt does not want to enter that field. It's controlled tightly by the big players and tough to break into without a ground breaking drug. Voclo is only marginally better on a variety of levels. I think Lux wants to move the drug forward for their own benefit. (These are only my thoughts).
The spoiler is Paladin, who has everything to gain by slowing down the process.
What Foster could do to raise funds, and I'm not saying this is going to work, is to offer warrants to long time shareholders or to individuals with larger blocks of shares. (Give me a chance to purchase 100,000 shares at ten cents per share and I will definitely think about it). Gives the longs a chance to average down, it would make me a little happier since I've been carrying this thing for so long, and it raises needed cash for the company. Almost a win win....