OTCPK:TRVN - Post by User
Post by
peak2peakon Oct 11, 2017 7:28pm
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Post# 26801955
My old GEKKO friend...
My old GEKKO friend... TRVN seems to be down to the crunch as of today's NR. They are now focusing on getting their OLINVO crown jewel out to market with a year or less of fuel in the tank before they either have to close their doors or (more likely) get thrown a lifeline by diluting the stock with another equity issue. On the other hand, if they can successully get this out to market in 2018 she could be a rocketship ride especially if taken out by one of the BIG FISH in the pharmaceutical ocean.
Could be worth a punt as they say in the UK, although a high risk one-trick pony with nothing left in the pipeline if OLINVO is a commercial disappointment.
In other news, have you FERRETED out any good O&G plays now that Brent appears to be turning the corner?