TSXV:LBL.H - Post by User
Comment by
gainwidpatienceon May 17, 2020 10:51pm
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Post# 31041013
RE:RE:RE:RE:RE:RE:RE:RE:Live depiction of Mesenchymal MSC
RE:RE:RE:RE:RE:RE:RE:RE:Live depiction of Mesenchymal MSCBoobah.. There are few things to look at on this:
- I believe CEO has been so far bit poor in terms of planing and communication.
- Alumina deal seems to be a wrong step. With all the hype in March, their original pp at $0.10 would have been closed easily.
- In 2 months, LBL should have been entered into a collaboration with medical research companies/labs/universities for patients enrolment and assistance with clinical trials. I am quite critical on CEO being very slow with this.
But,
- Amnio Boost is being tried on 'humans'.. FDA wouldn't have allowed for this clinical trial unless they see eligibility of this therapy for trying on humans. Nobody would like to risk their life.
- None of the studies/trials of MSC conducted on covid patients with ARDS are failed. Therefore, probability of failure in Ph1 is unlikely.
- Market capitalization is way too low. Once they announce ph1 results successful, sp will shoot up. But, they should do it asap or else competitors will run over it.
Therefore, I am giving some time here.. willing to wait for their milestones.