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Satellos Bioscience Inc Com V.ICO


Primary Symbol: ICOTF

iCo Therapeutics Inc is a Canada based biotechnology company. It is involved in the Research and development of ophthalmic indications. The company identifies, develops, and commercialize drug candidates with clinical history, and re-doses, reformulates and develops these drug candidates to treat sight and life-threatening diseases. Its in-licensed assets are iCo-008 and the Oral AmpB Delivery System. iCo-008 is a human monoclonal antibody targeting eotaxin-1 that acts as a messenger between...


GREY:ICOTF - Post by User

Post by Rodrichon Jun 14, 2018 8:12am
90 Views
Post# 28170531

Share consolidation???

Share consolidation???
Based on the financial reports, ICO is running out of the money soon. How will ICO get the money to keep going? As everybody knows, IMNP did 1:20 share consolidation not long ago, and its share price dramatically dropped to $0.236 now (equivalent to about 1 cent pre share consolidation). Will ICO be forced to do the same thing of share consolidation for refinance? Who knows? Insider did buy shares at the almost lowest price of 0.035. why they didn't keep buying the shares at little higher prices? So, I definitely want to see some press releases from the company about how ICO will refinance. Otherwise, I may likely bang my head on the stone of share consolidation as what has happened on IMNP.
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