Satellos Bioscience Inc Com V.ICO

RE:Make it reach .09 and I am out

[shareswapper]

Goose, I think you'd be selling yourself short at $.09  This past week the stock was taken down by a single investor and people are wondering why?  Our Phase 1B study is a safety and tolerability study of 100 and 400mg doses.  In the previous Phase 1 Study we tested safety and tolerability in 32 Patients at 100, 200, 400 and 800mg and showed no adverse events at even the highest dose.  So the chances of the Phase 1B coming back as unsafe are pretty low.  So why did the share price tank? My guess is the opposite, the results are positive so we will be proceeding immediately to an 80 person Phase II efficacy study in April.  Of course this kind of stdy will cost at a minimum a couple million $$$ so we are undoubtedly looking at a financing in March to pay for it.  Someone has obviously causght wind and is unloading to participate in the offering.  Just my speculation of course, we will know in time how this all plays out.  Pending updates soon, I suspect we get Phase 1B results this week or next at the latest.  Good luck Longs!!