It's not gonna be sold. Stop already. Your the third person on three different boards today that says their stock is going to be sold. Just wishful thinking on your part but without any approved drugs and alot of debt on the books, why would anyone want this company right now? Really, want to amend your last post to something more realistic????
I was referring to Zertane, not the company or stock. This came right out the the presentation today but it wasn't all that clear. If indeed Zertane is to be sold and there is a big Pharma buyer for it, this proves that the drug and their strategy of repurposing some drugs works. A good sign.
After seeing the presentation, I'm thinking some investors were hearing them say they were going to take a one time benefit on Zertane instead of a continuing income. Since that was the one that was closest to release, people may have chosen to get out instead of waiting around for the next trials to end.