I am new here and liked what I saw even though I used to not be one to be interested in the cosmetic side of FDA approved drugs. But you have to ask yourself, if RJ Kirk decides to buy in 200,000,000 shares, would you not consider buying a small position yourself? I doubt he would have bought a 15 cent stock if he did not see a huge potential for it going much higher than 20 cents, am I right?
I also own ZIOP, of which he also owns a lot of stock, and news is pending on a phase III drug, and they received good news on a phase I drug yesterday. Do your own DD of course!
Not all he touches turns to gold. Long ZIOP---stock is lower since Mr. Kirk showed up. also, Kirk has a knack for cutting tough deals as evidenced by both the terms here and those afforded Ziopharm. We'll see.
My bet is Kirk has little interest in the legacy projects here. Something in the IP is a good fit for one of his other pet projects(HALO??) Kirks usual MOA is to move his own folks into key roles at each partnering entity. My bet is we will see that here as well.