Post by
Riverfolk on Jul 28, 2021 4:06pm
Current Price $1.38 - Awaiting Human Data
In my opinion there is zero premium built into this stock price, please find a list below of catalysts that have occured above todays price:
-Phase I Human trial completion
-Non-Brokered Financing at $1.50 share x 2
-Health Canada Approval of Phase II
-FDA Approval of Phase II
-Turkish Ministry of Health Approval of Phase II
-Expanded Canadian Hospital Participation in Phase II
-Canadian Government Funding 6.7 Million for the Human Trial
-Canadian Government Grant for Metablok
-Additional Patents for Drug Library
This market cap is cheap, but even cheaper to those that matter in the Pharma world..... This is trading at $1.11 US dollars
$62,000,000 US during Phase II for a new mechanism of action in inflammation... Lung,Liver,Kidney