RE:RE:RE:Denalijdstox wrote: regardless, I'm not going to do the thinking for this forum. I can't and won't. Do some DD. Figure things out.
You find out how far ahead of us Denali is, where it's ahead of us, and where we're ahead of them. Infer some things. Have you read their prospectus?
Post your findings insteading of asking jekyl whether we're going to 50¢. I hope he says yes.
jdstox
I finally had a chance to comb through the Denali prospectus that I delivered to the board.
Thanks for the thoughtful posts from JD and pmrider.
A few thoughts on why Denali’s market cap is so much higher than BTI:
(1) Nasdaq - They were packaged nicely and went public on the Nasdaq. BTI sits unknown on the Venture
(2) Star power - I like our new management....I really do. However, people like Marc Tessier-Levigne have followers. They will buy in to the story period.
(3) Some primate data - BTI data is derived from rodents. Denali has preliminary data about BBB penetration in non-human primates. We need to get monkey data out to the market.
(4) Clinical trails - they have candidates entering/in clinical trials. BTI needs to advance to clinical trials to get more respect from the market. We’ll need money or a partner for this but it needs to happen.
(5)Proprietary drugs - I actually don’t think this is as big of an issue. We can attach xB3 to whatever and call it a new drug.
Anyway, we have a runway forward to a much higher market cap thanks to Denali. Always good to have a comparator when you are out marketing to institutions.
bfw