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Bullboard - Stock Discussion Forum Claritas Pharmaceuticals Inc CLAZF

Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID... see more

GREY:CLAZF - Post Discussion

Claritas Pharmaceuticals Inc > RE:Those who assume Reverse Split is the solution are naive
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Post by Red~One on Jun 09, 2021 6:22pm

RE:Those who assume Reverse Split is the solution are naive

From previous post:" However, there are companies which have done RS accompanied with good PR's who succeeded. In my opinion, CLAS is the exception of the rule and will succeed. So, wait and see what happens after 17 June, before judging."

The only one that I know that was a penny stock that lived thru a split was BLR and the big difference there is that they have good management, a plan and a product. 

CLAS have none of that, other than a potential world changing drug that has yet to be proved and yet to be licensed by CLAS for it's intended use. Like a hunded or so other Pharma penny stocks . Promises 

So to say , wait and see after the AGM might be too late, to deterrmine if there is to be a R/S. After all it is up for a vote.
Comment by Chritters on Jun 09, 2021 6:51pm
Red-One you seem to be one of the few that gets it, Thank You and 100% Agree..
Comment by Amazigh on Jun 09, 2021 7:41pm
Red~One: "The only one that I know that was a penny stock that lived thru a split was BLR and the big difference there is that they have good management, a plan and a product." As I said CLAS is one of the exceptions to the rule because CLAS has a product and has a plan. First, I mentioned this before, but just to remind you: "I am a scientist and have been studying childhood ...more