People, the zinc products Adeona currently owns are absolutely worthless from a monetary standpoint. WellZin is a joke. Already on drugstore shelves are over a dozen zinc based, non-FDA approved cold remedies. You've all heard of Airbourne, and you've probably seen the commercials for Cold-Eeze. These products are backed by multi-million dollar ad campaigns. It's a crowded space, and there is little money to be made in college bookstores.
Second, who on Earth would buy this company?? You buy a company because you believe they may hold billion dollar drugs. Adeona has NO such thing in it's pipeline.
All they really have in the near term is Trimesta and there are no guarantees there.
This whole Intrexon farce hasn't even begun a phase I and anything tangible if ever is light years away at this point.
The penny flippers run this thing up and all of a sudden shareholders have delusions of grandeur.
Let me make a promise to you right here, right now...
You'll be diluted before WellZin ever sees a drugstore shelf.
You'll be diluted many times over before Trimesta fate is known.
You'll be diluted 6x times over before the Intrexon "product" even hits phase III.
It blows me away that people have this much faith in a CEO who has personally driven three bio tech companies onto the pink sheets and now leads a company who is about to change directions and their name for the third time in five years.
Shareholders were taken to the woodshed during the whole reaZin pump debacle and will be taken to the woodshed as the whole Intrexon scam unfolds.
You people just never learn.
There is no way any person with half a brain can observe and honestly access whats happened here over the last few years and say that this is a solid long term investment.
Stop hoping and dreaming people......it's going to get you cut off at the knees and empty your wallet in the process.