2021 Lump of coal...
Well here it is, the end of November and the end of year rapidly approaching and what is there to show for it? January. A happy accident with the Witkowski presentation that sent the share price streaking to new new highs. What might have happened? The company could have ridden a momentum wave, focused their energy on accelerating the study and advancing at least the thyroid indication and generating more substantive news to support a mildly dilutive financing at $2 plus. What happened? A highly dilutive financing wherein Doug cow..I mean Lowe helped swindle existing shareholders out of hard earned equity and left such a taint on the stock that most of the year the stock has languished. News? What news? As has been typical over the years, the rumor mill spent a good part of the year churning out speculation that a deal was imminent. The only thing imminent is a world wide shift into an engaging holiday season fueled by a pandemic exhausted world that wil likely leave any deals in progress to collect dust on the conference room table. And the 7th patient is out there somewhere like the great white whale in a study we were led to believe would be concluded in less than two years. Even allowing for pandemic years 4 years is unreasonable. What has management excelled at? Placating a sufficient number of investors to scrape by with an approval to further dilute the stock with an egregious share grab to feather the nest. Dazzling noobs with grandiose visions unsubstantiated by any evidence of real value driving progress. The odds of anything happening before year end on any substantive front are not non-existent but the odds for an extinction level asteroid striking earth are higher. My prediction is a lump of coal in everyone's stocking this December. How is that for an assessment and prediction Fraulein?