Post by
beechguy on Jul 03, 2015 11:40pm
Financing or buyout / partnership
There are a lot of people who are convinced a financing is on its way. That is the only logical explanation why we have a .33 sp. Once we have either a financing or partnership happen, our SP will start to trade using a discounted algorithm based on probability of fda success. Until then, this trading is an indication of absolutely nothing. Get on with the financing if you are going this route or partner up. At least this way we can get a realistic valuation based in potential fda approval. If our 500mm peak sales valuation is 2 x revenue, then it should be, with a 50% probability of fda success ( personally think it is closer to 80% as SuJan stated in their seeking alpha article) then the market cap should reflect this, giving us a market cap of 2.50 USD per share. So i expect us to Make it to close to 3 per share before fda decision time is nigh, provided cash is removed from their equation. Bring on the cash berendt. GLTA
Comment by
HighteawithIntrepid on Jul 05, 2015 2:13pm
68 days there are in round numbers 170 m shares outstanding and 35 m warrants and options or about 205 m all in so an offering of 24 m shares with a 12 m warrant kicker is magically close to 241 million shares when the FDA says yes next March. Just my SWAG HT
Comment by
ragingbull1327 on Jul 05, 2015 6:29pm
241 million shares is liquidity beyond justification. lol
Comment by
ragingbull1327 on Jul 05, 2015 6:41pm
Also, if DimSum is aware of their stock manipulation tactics, it's not fooling anybody. Yawn
Comment by
simouuun on Jul 05, 2015 7:08pm
ragingbull.. can you contribute sth useful or do you just love to spam? If company knows health science, they will know how to attract interest in the stock or the company. Trust the Mgmt. They did everything right. You are a impatient whiner...
Comment by
ragingbull1327 on Jul 06, 2015 10:23am
Impatient??? Hahahaha. It's insulting that human beings move this slow. It's like they still think it's 1980
Comment by
ragingbull1327 on Jul 06, 2015 10:24am
I don't care if it takes 100 years. It's the system that sucks
Comment by
ragingbull1327 on Jul 05, 2015 6:43pm
Actually, if we were to reverse split 10 to 1, yet kept the SAME daily volume, it would still be a joke. :)