GREY:COTQF - Post by User
Comment by
DIYGuyon Aug 09, 2017 12:45pm
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Post# 26561529
RE:RE:RE:Investor Event - COTI
RE:RE:RE:Investor Event - COTII am on their email list for updates. I had signed up on their website. The update says to forward to potential investors, so I thought might as well post the whole invite here.
Don't think I can make it on Tuesday, but would appreciate objective comments to anyone who attends. I believe a big dilution is inevitable but the alternative is worse. Will be interesting to see what happens to the share price after the financing goes through. Would love to see management and directors kick in their own money on the financing to show they believe in the future of their molecules in the pipeline. That would be the best promotion of their company rather than getting shares issued to them.
As a matter of fact management and directors should be required to hold a certain percentage of stock. Maybe that should be brought up (voted on) at next annual meeting.
One other issue I have with clinical trials and how they progress is that each cohort progression should disclose if there were any toxic results in the cohort. I find it hard to believe these stay a secret the longer it progresses. The FDA should embrace more disclosure at each stage in the trial. More transparency may inject more investment in this high risk sector.