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Protox Therapeutics Inc T.PRX



TSX:PRX - Post by User

Comment by cabbieJBJon Jul 20, 2011 11:20am
275 Views
Post# 18851708

RE: RE: Any Information?

RE: RE: Any Information?Unlikely.  The sp has not moved from the low 50s for several weeks.

The correct read on the financing is that WP and their cronies now have $25 million in with another $15 mil to come.  This reflects a strong belief in the product and the direction that management is taking Protox.  Expect an announcement on the clinical path by Q4.  Then a Nasdaq listing late 2011 or early 2012  will provide you with the liquidity need to sell you holding.

Good luck. There are not boogey men behind every tree...just some trees! :-)
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