1040 was supposed to be a sure thing. This is their second failure from their top tier drug compound selections. Does anyone really have faith the same thing WONT happen with 8040 and 5010?? How in the world did they not know much earlier that 1040 was worthless?? How many people has 8040 been tested on?? 8??
and how in the &#^^*^ did 1040 get that far along without them realizing it was worthless?? Is BLRX and biotech ponzi scheme? Fudge the preclinical results to suck in investors for worthless drugs??
My issue is not that the pipeline is extensive. Its their track record.
Two strikes now. That is not good. What is wrong with their preclinical tests and screening? Are the data forged in order to get funding for phase II programs??
Why not start a company with the bunch lies. make a couple hundred million and then blame the stupid investors that lost money because it tanked to zero and say they should have known better. Obviously can't do that just like you can't do Ecyt did. Citibank and credit Suisse agree with me.
It certainly doesn't make it right to make money and lots of it off of false and misleading statements
over 250 million owed to ripped off shareholders. ECYT has no business spending this illegally obtained money
heart drug news out this weekend or friday
27 million market cap is way to cheap for the amount of revenue and profits.