To file a NDA you need a couple of million and to hire experts and team for the NDA you need a few million. He has said he has "a beautiful plan" for prostate cancer pivotal trial, you need at least 25 million for it. The 2.1 million they got is peanuts, it was a favor to a friend of the Dr. A.
Assuming the worst from a buying/partnership co. stand pointthe drug works; even if the FDA insists on an additional confirmatory trial it will take another year at the max as the safety data is already there. That is a 50 million dollar additional investment which is peanuts compared to the profit potential in the long run. Then the second indication prostate cancer; there are no doubts, the results are good. A small confirmatory trial is another 25 million and you have a second huge market.
My problem is that in this scenario there should be a bunch of attractive offers on the table and if so the deal should have been finalized by now.
Give it up WRB, you lost. You ran your victory leap when the SP was 0 38 and I bought heavily incidentally and now own a very significant position. I am very comfortable holding the position although I am underwater after p eraser sold on and day n bought the stock down in the 2s. What U don't understand is that Dr A is a physician and has been pursuing this dream for 20 yes and getting this drug to succed is more important to him than the monetary aspects. As U will recall I have always defended your right to post here but be honest.
In terms of news a buyout is not impacted by the SP so I guess that is not in the works. Do you think the market is holding them back from announcing a colloboration or one is still being negotiated? It has been over 6 months since the results.
Aqua we all know you and WRB are the same person along with half a dozen other aliases.
You cal sell your shares or hold them for another two years and get a 20 times return; the choice is yours but stop repeating yourself.
It is frustrating. For prostate cancer for a pivotal trial they just need to demonstrate improvement for one year, there will be plenty of volunteers as its such a common condition,. There is no bias with subjective questions. Its as guaranteed a slam dunk as it can be. If they get their act together they could have fast track status as its not been tried before They could have this completed by next year.
I cant tell you exactly but was hinted the SP should rise significantly once we finalize a partnership.
I must confess to being disappointed today, the results were good but they have been good so far so no surprise here but it makes no sense announcing the results without a partnership for further development and NDA filing. I know Dr. A has hinted at a partnership before, cant believe its taking so long.
The Company will report at a later date concerning its plans for moving the compound forward toward the market for this important medical problem.
Until this happens,unfortunately the SP is not going to move much. Unless there is a viable plan and BP partner the Co is not going to be taken seriously.
Speaking of cowards I only post under one name everywhere, only a coward and a liar has mutliple aliases to post under. I forgot one more pseudonom of yours- time to smile/whine.
Lets see in this sequence of posts you have changed your tune how many times, first it was dont believe internet postings, then prove it was me who said it and now I wasnt saying it about myself. Your credibility is shot to bits, mouche, eraser, animal cracker etc. You are are pitiable.
LOL. You forgot all your previous posts on this subject were under the name Passer Eraser. You cant go back and delete all of them, so now everyone knows you and passereraser are the same; not that it matters since all the regulars already know it. To refresh your memory about selling at $4 and buying at 2 here is the post.
Nice profit for someone . Sell 500 at $4 and buy 1 mil at $2 and get 500,000 by passeraser •Feb 4, 2016 2:45 PM
U never said u sold at 4 and now are the recepient of the new financing? Let me tell u something deleting a post does not get rid of it p. Eraser. I am quite tempted to lodge a complaint with the Quebec regulators, they take their job seriously.
Singing a different tune now are we? LOL.
Your mentality and intelligence is of a street thug and not a sophisticated criminal.
I don't think you sold at 4. You panicked and sold the day the market was crashing and we were in the 3s and you bought us down to where we are now. Shame on you. From your internecine public family feuds we know that you are a convicted Canadian Stockbroker(ex). It should not be too hard to put your multiple aliases and false news postings along with your past to make a credible case for illegal insider trading. I am astounded that Dr. A would associate with someone like you. I would think he has had enough of lawsuits to let someone like you lead him into another.
Hi #$%$ did Dr. A tell you to pull your posts about doubling your share count or were you just drunk ? I think the SEC should investigate this cosy relationship.
yes that is a good tell; the same thing happened when the stock was at 0.4, I bought aggressively at that point and was able to lower my cost point from 6 to 3. The funny thing is that I spoke to Dr. A several times after the bad news and I know several other people who spoke to him and he did not let on his plans. All of us were completely taken by surprise at the steps he took.
There is an entertaining poster here who goes by the name of an eraser and he believes he is a special confidante of Dr. A but whatever he posts always turns out to be completely untrue.
Dr. A is well versed in the art of deception. He is also a brilliant and motivated man and this is his life work and he will do whatever it takes to get the dug on the market
Their PR are not informative at all. Dr. A treats this as a private company and whatever information he has, he holds close to his chest. The PRs are deliberately designed to give the minimum information and obfuscate the issue as much as possible. Buying stock in this company is more like a bet on Dr. A.