The "elf has spoken", all is well and pure as the driven Finger Lake's snow.
Escort, elf.. decide for yourself.
Surely the former executive of a recently DE_LISTED penny canadien pot play should be "given the wheel" as it pertains to a "small Canadien drug-maker" ( circa 2016 ) with 4 exisitng FDA approvals and a fith sold for about 10M CAD some years ago..
I like the Beech Boy's post here, CLEARLY just "ineptness" he says..
Said "ineptness" driving our o/s share count from 206M in 2016 to 306M today fully diluted today. Come to papa, 7M shares to the former pot exec's leading the charge to add on 100 M shares delivered with the same "Precision" that will soon drive our story. Interesting though, the REAL PRECISION , IMHEO, will come by way of the diagnostic. The product we still own in
"whole" Wonderful filter this "PMX", with 340 000 safe patient uses. , Given it's cost willingness to maintain efficacy / subsequent margin...If we could only know "exactly WHO and WHEN" to apply it. We sit and wait, and watch a curious social media program work 24 / 7 telling the world how bad EDT is ... well actually just holding a spotlight to "scene #135" Anyway, below is the elf delivering a message from somwone at the North Poled, likely NOT Santa, for we can only hope the recent acts were , "just too much" even for a man as smart as Santa. ; - (
Note the
BOLDING from the "elf".....the "
complicit elf"
RE:A Cynic Might Say
A Realist might say: the company is exactly what it looks like.
A company that has the licensing to sell a couple promising products in NA -once they are FDA approved. But the management is pathetic at running trials. One stalled at 20% enrollment- after years.. and the straigtforward 12 week trial- not even started after a year.
That's it. That's the whole story.
The lack of IR or even an Investor Update on their site is not some investing conspiracy - it's because they have zero good news to share.
The horrible share price and lack of volume reflect management's inability to accomplish straightforward trials.
The realist could also look at managemnet's questionable and desperate option moves- that look like stealing silverware from a sinking ship... but that's just piling on really.