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CorMedix, Inc. Message Board

  • luckytrufflepig luckytrufflepig Oct 20, 2013 12:07 AM Flag

    From IV Board

    I believe this was a chicken and egg issue. Investors wanted to make sure issue would stay listed and NYSE wanted to make sure the money was going to be there. I believe it is settled.

    Things to look forward to:

    1) Sales Guidance

    2) Partnering outside of EU

    3) Development of protocol for US Trials

    4) Partnering on U.S. trials

    5) Initiation of Tauropharm lawsuit

    6) Label expansion into oncology

    I many of these events will occur by year's end. Do the math. This one is unloved and underfollowed. If they fail to execute over the next 6 months, I strongly believe Elliot will push for an enterprise sale. I also believe the company is likely worth at least 3x current market cap if sold.

    Good luck--bought a few more today.

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