Batelle just bought their shares essentially at .046 a share and on a day the stock was trading .022. Do not forget that in the near term. If your basis is above that price per share you might want to buy a bundle of stock and bring it below .046. Really not a bad idea unless you think Batelle has plans of taking a loss 2-3 years from now. Heck maybe 4-5 years from now. Batelle knows what they have in RadioGel. Batelle could put their money in a lot of companies and profit in the near term. So why would they spend money here unless it had a high potential to return profits sooner than later?
Sure ADMD can not pay them cash now but Batelle would not buy the shares just to lose money. I do not know anyone who would do that! This investment is not for write offs, done to increase their R & D deduction, or good will. It is an investment to make them money and to be integral in the decisions that ADMD will make going forward to develop their company and products. It is also a decision that brings their voting power up in the company if/when this company needs to be acquired by a larger company so that THEY have the rights to RadioGel.
ADMD might not ultimately be the company that brings RadioGel to market and Batelle now has a significant controlling interest in ADMD. Their share count could rise and it would not surprise me in the least. Now who can ride this out with Batelle, you may not be riding it out with ADMD?
This just isn't a pump, it is thinking outside the box with an extended time frame in mind. These are just thoughts and opinions around the ole BBQ. Enjoy this hot juicy thing Batelle has cooking and forget about ADMD. I believe it is far bigger than ADMD right now with regards to my position.
Try to get your hands around RadioGel. In my opinion; if approved, when approved I should say, what is it worth on revenues? Post approval, five years out, $50 million? Why not? It can be used VERY locally, inside of cancars, and with the shortest radioactive half life on the market it should become the treatment of choice for many cancers. In my opinion there is nothing wrong with RadioGel/Y-90, they just need to show FDA how effective it really is in humans. The animal studies at University of Washington already demonstrate effectiveness on animals. Double down with human clinical trials!