...it's a gift offering to a "Favorite" institution...They have been told (wink & nod) that the phase III was mixed up and when we announce it in 3 months you will be very rich...and so will we....and then I woke up
Ski...we've been in this "stock" for too many years...there is no way any longterm holder will spend another penny without some guaranteed income....Good luck finding new suckers... I mean investors.
I suspect the reverse will be 1 to 40 range...that will get them on NASDAQ... Staying there will be tough if they don't announce a huge deal that actually makes money...having said that I'm in for 10,000 more at .13
Without ILIU...They would be on the bread line...just wait 'til they get approval...if you have any "fun" money buy a few shares.