OTCQX:MRVFF - Post by User
Post by
blackascanbeon Feb 17, 2012 12:42pm
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Post# 19550096
Thanks Prested...Jesus was also abused
Thanks Prested...Jesus was also abused Abuse is usually delivered by angry, confused people. In response to your question, 3 to 6 months from now I believe we could easily see it trading in the 75 cent area. That price would give a market cap of only $450 million. A company with Three FDA approved drugs not to mention WF10 could command a price higher than that depending on the revenue generated. We will by then likely have a deal to advance WF10 with a large cash payment and royalty deal, Pliaglis, Synera, and Pennsaid 2% either on the market or very close to commercialization. The large cash payment will calm any concerns about funding and we will see increasing Pennsaid sales along with the other products. My guess is we could receive a take over offer before year end of between $1.00 and $1.25 per share. If I had to be nailed down I would guess $1.12.....why would the Zars shareholders and the good Doctor K...accept Nuvo shares for their assets if they felt those shares weren't worth much more than the 5 or 10 cents that they were trading at the time of those separate deals ( May and Dec.)?