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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 Hunter777on Feb 05, 2019 11:34pm
64 Views
Post# 29324236

Garbage company Garbage stock Garbage website

Garbage company Garbage stock Garbage website

MY ANALYSIS AND PERECEPTION OF THIS COMPANY AS A NEW PERSPECTIVE INTERESTED INVESTOR:

Bruhhh tell me why is their website to crappy as f*ck? No Facebook page, twitter was last updated in 2014....dafuq bruh hire a web developer for f*ck sakes....really poor investor perception...was thinking about investing but nah sorry i'll pass....we are in 2019 the website looks like 1997 ....CEO getting paid $200k annually to do nothing just old guy 51 yrs collecting free money with $500k in options....is this for real?? He gunna retire in 10 yrs and company will go bankrupt....since 2005 this stock went up to 98 cents and still no hope. Oh mannnn.

https://www.bloomberg.com/research/stocks/people/person.asp?personId=10638229&privcapId=23112550

 

Statement from their 2018 Management Discussion Analysis on their website:

We incurred a total comprehensive loss of $1,034,523 for six months ended June 30, 2018 compared to a total comprehensive loss of $714,397 for the six months ended June 30, 2017, representing an increased loss of $320,126. The increase in loss for the six months ended June 30, 2018 is primarily the result of higher research and development expenses.

 

Bruhhhhh company losing millon dollars annually and increasing.....the ceo is getting paid that million in salary. Double wash investors money with a glass of fine wine...Im sorry but who would invest in this piece or artwork?

 

LOL: 

2018: Current assets 970,135 -  Current liabilities 917,107

 

LOL 2:

The Company entered into a consulting service agreement with Mr. Andrew Rae who serves as the President and Chief Executive Officer of the Company, effective February 2016. Pursuant to this consulting agreement with no fixed term, Mr. Rae is compensated at a daily rate of $1,400. During the six months ended June 30, 2018, Mr. Rae charged total consulting fees of $98,700 (2017 - $92,400).
 

I can go on forever: If you would like me to provide an in depth analysis, I charge a daily rate of $1400 just like Mr Andrew Rae. Leave a comment let me know please :)

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