I hope they can figure this out, seems like they are trading one debt for another with better terms. It reminds me of the 0% interest for the first year credit cards, and how people just keep moving accounts to avoid interest. What they need is sales, and lots of them.
It's more of an issue with the e-cigs made in China. Any type of smoke is not good for you, but people are lining up to buy them. At this point, I have more friends that use e-cigs then real cigs. To bad this company still sucks.
Trying to see the long term picture here, but as every day goes by, I'm starting to think my original investment will be worthless 2 years from now. I keep hearing it's a buying opportunity, all I can say is, you do know it can keep going down to less then a penny. I've held duds before, and this one is starting to look like one. If they truly believe they would of waited to release good results, and get as much as they can for the offering. All this tells me, is they don't believe in the drug.
More drugs make it to phase III and don't get approved, then do, that is common sense in this industry, and why they have trials to begin with. Usually it takes a lot of money, and in this case, shareholder money.
Price is at pre release price, it would be nice to get a clearer explanation as to when the new platform could be profitable. Maybe that is sooner then some of us expect.
Why do I have a feeling they will run out of money, even with the current round of funding, before this drug ever gets to FDA's approval. Where is this fast track the CEO talks about? If this is the fast track, I would hate to see the slow track. If they really can help people, lets hear about it!!!!
This could be my best performer this year. China has a ton money printed right now and it has to go some where. Why not investment through China Finance. I was right on the earnings report being a great buying opportunity. It's not to late. Price target of $10.
Sentiment: Strong Buy
Now if we could just get their survival rates. I do hope it's helping some families. They are meeting their targets, just need to keep the cash burn rate in focus.
Does the EU almost always approve a drug before FDA? It seems most drugs I have followed get approved in Europe before they are approved in the US. If that's the case, we should see some EU news this summer.
Since we can't have links on Yahoo, could you go over Investor Hub (IHUB) and post some links of some relevant sites there? Thank You in advance. I would love to read some of their testimonials about Multikine.
I wish I could go around making false claims in a public format, and make money off of it. GEOInvestor has a track record of destroying Chinese companies, anyone remember LPIH, I was one of their victims. Hence, why I sold yesterday. I hope JRJC can sue the pants off of GEOINvesting. They should make them pay for all the recent lawsuits.
Will they ever get these lawsuits all cleaned up, without spending all their investors money? It's to bad, they have some good developers, and a good application. It's like having the cure for cancer, only the FDA wont allow it. Well maybe not exactly, but you know what I mean.
I have tried both, and I can tell you E-Cigs are much cheaper, especially in Minnesota where we pay for stadiums with regular cigarette tax dollars. In fact, regular cigarettes are about twice as expensive as E-cigs. As for regulation, I'm sure the government will want their hands on any revenue they can get from E-Cigs, but for now it's hands off. Instead of having to smoke an entire cigarette, you have the option of a couple of puffs and you can put it away. I like that option. You would think we would see more consolidation in this industry, especially when money is cheap. For now I'm believing in the turn around story, but it needs to start happening soon.