Antibe Therapeutics Inc(Pre-Merger) ATBPF

RE:RE:RE:ANTIBE LONGs rewarded for patience!

[Jefferam1]

Hey SergeantSanderz,

Don't get me wrong, I'm with you, I expect good things from ATE. I'm long and been invested for years. I only took out enough money to cover my initial investment when it popped. I was lucky my average cost was 0.14 I only had to sell about 25% of my large position. So I still have a large position and great expectations for Antibe.
That being said, the last time I looked into Phase 3 trials, I've seen numbers go even higher, up in the 50-60 Millions for costs. I don't think ours will cost that much. Dan has said we have to do 2 Phase 3 trials. Our phase 2 trials costs between 2.5-5 million. We know Phase 3 will be an order of magnitude more as they are historically. As I said, I was guessing on the numbers. 

I still don't feel they will have enough to do the 2 full Phase 3 trials, especially with Citagenix bleeding them dry.

But you are correct, there are avenues that could get them there. Pending the milestone payments (which I would guess most are on the tail end rather then the front end as you suggest). Also pending other smaller reginonal deals and the big unknown if Citagenix can become cashflow positive and start generating revenue are all things that can play into it.

So yes it's possible the stars align and they have the funds to commence phase 3 and maybe even get through most of it. 

Bottom line, the startigic direction management is pushing is to sell or partner prior to Phase 3, I'm still going for that.