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Bullboard - Stock Discussion Forum MethylGene Inc MYLGF

GREY:MYLGF - Post Discussion

MethylGene Inc > LOL !!!
View:
Post by everswann on Mar 26, 2010 10:02am

LOL !!!

Total failure.
Going concern note...
No catalyst for next 12 months
cash to dwindle to zero in Q4 (even with today's news for tax loss conversion)
They got nearly nothing for those losses...
Still not covering!!!
LOL!!!
Comment by seeingeye on Mar 26, 2010 11:46am
Did not see this coming in this format. Who is the Numbered CO.s that have put up this offer? I put a buy in @ .065 because thats my new est. value using my estimates.Hope something significant is down the road .I have a lot of ground to make up on this one!!! Asset Sale is possible on this one!
Comment by everswann on Mar 29, 2010 11:31am
The worst biotech company by far.With 8-16 millions some biotech company can finish a PII pivotal trial or PIII trial. This worthless piece of junk of a company manages to do nothing but burn cash on PI candidates!!!Nice. Very smart strategy for disaster.
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