GREY:NEPTF - Post by User
Comment by
goldstoryon Oct 15, 2015 3:31pm
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Post# 24195212
RE:CC website
RE:CC website
Good progress in general, but the company is not there yet. 3.4M cash buffer is too thin. Mario said no dilution, but where can they get the fund to transform the facility to multi-production platform without dilution? The IP legal battle is not over yet. According to Jim the conversations have been exchanged among the companies, but the information is not shared with the investors. There might be a reason, but the investor wants to know some and see that Neptune can exercise the IP right. I was surprise to hear about Acasti. Phase III has to be waited till 2017. It sounds like that Acasti is not really looking for any partnership right now. Practically there wasn't any new news on Acasti's side. Well, this became really a long term investing.