Army dealHi folks. I've been recommending KNE.V in my alert svc since .07. My original post is here somewhere a few months back.
For those that are new to the story, you can find an in-depth look on
www.technicalbuy.com. Here's a brief summary: Over the past 6 months Kane has progressed through several key milestones with their DispersinB product. Company is now preparing for a clinical trial of DispersinB. The results of the clinical trial should be available within a year or so. The money has been secured through the last round of financing.
In parallel to clinical trials, Kane has signed several collab agreements with the US Army, and several un-named pharamaceutical companies.
This monring's NR is a testament to the progress of the collaboration with the US Army. If successful, this research could yield a lucrative DispersinB order for Kane.
With several important efforts underway, Kane is an exciting play as this morning's pop can be replicated many times over in the next 12 months.
TB
technicalbuy.com