One more warning needs to be heeded here. Dr. Anthony Fauci, who oversees the National Institutes of Health’s efforts on allergy and infectious diseases, as well as emerging diseases such as Ebola and Zika, has warned that no virus cure exists now nor will in the immediate future. He has said:
We will not have a widely available safe and effective Zika vaccine this year and probably not even in the next few years.
Scientist's are worried people will contract Zika in Brazil and fly home spreading the virus. Some have suggested the Olympics be moved or cancelled.
IBIO will surely turn out to be a good investment.
Steve, thanks for the insight. Any idea what GE paid for Xcellerex and G-Con? In the long run 1 or 2 billion would be a bargain.
Scientist's are worried visitors from around the world could carry the virus back home to all points of the globe and dramatically increase the epidemic. Some say the Olympics should be cancelled or moved.
Get your facts straight, he makes $2.3M. AUY is another loser. They have 1.9B in debt and are making zip.
I'd be more impressed if they had bought 500,000 shs each. How many years do you think these execs have been knocking down their huge salaries while the company has been going down the rat hole. Each buying 125k shs is not much of a commitment.
Cmon wendy, the reason they can afford to buy those shares is those top 5 exec's pay themselves a total of $2.4M. Gee a 100k shares at 50c is only $50k each. GSS lost $52M last year. EBITA loss was $4.9M, debt is $114M and cash is only $14M. To me this miner looks more like a scam run by the exec's than run for the investors. All they seem to have is a leech pile. I've seen it before when Royal Oak went BK while all the exec's were taking big salaries. All the investors lost everything.
with their huge salaries from a tiny broke company.
Gss only has $14m in cash and $114m in debt.