Algernon Pharmaceuticals Inc. C.AGN

My final Algernon comments....

[talisman47]

Algernon is a penny stock "pharmaceutical company " onthe VSE that to get noticed would need to be on Nasdaq "if" they ever get some great news. They look to existing drugs for their ideas, however, big pharma type companies don't seem interested in them unless big pharma have patent control. 

Algernon is getting close to 200M shares outstanding @ .145 and looks like it's heading lower. Maybe they need some consolidation so that at least they might have a .50-. 
60 cent stock that with some great results might get iover 1.00 for a period of time to see if they can get on Nasdaq.Also,  Algernon, basically has little money to fund anything .

Algernon philosophy now seems to be " let's keep throwing more things at the wall" and hope something might stick !! During those times they will pump the stock to make some money for themselves. Any results from any DMT trials is probably 6-9 months away ( not knwoing wheteher any results would be good or bad, weak or strong, etc. ). What does Algernon do for the rest of the year ??

Algernon doesn't appear to be a real pharmaceutical company, just a few people working in an office ( I wonder if there is only one or two people actually in "head office" ), no lab ( they just farm out everything ) and their science type people work remotely ? Their head office run several other companies out of the same location.

I have come to the reality that there are much better, more real opportunities in the market than dragging some of my money along with a company for a year or so to see if they can get above .35 cents with all their ideas and promotion....

I am not a poor loser, fortunately, got out with my intial invest of 200,000 shares with a very tiny profit . Felt I wasted a year of not using that money on much better companies and opportunities.

Good luck to those that feel this is a company to continue to put your money into.......

[Unclebuckshot]

Thank you for your opinion over the last year.  good look in your future endeavours 

[Danorrn]

I agree with you. Unfortunately, I had faith here and should've bailed at .35 but I didn't. Now the summer doldrums are around the corner and this company will have to do another raise to fund all the various studies. While I disagreed with the poster who ranted forever (his style) the content appears accurate. I got out at a loss but will use my money in better opportunities after the