IMO reverse split will happen when they can get share price above .015 cents. It will be around a 200 to 1 reverse split. $3.00 stock price is needed to get listing on NYSE. In addition I expect several million shares of preferred stock will be sold. Common stock can than be increased as needed once reverse split is completed. They are already authorized for up to 2 billion common.
None of this matters if they can show successful animal testing. As usual, Stupid and his moron twin can't see the forest for the trees.
Hard to explain anything to the moron brothers. My guess is partnership deal with Battelle to do the animal testing will come first and that alone will get share price over 1 cent plus. Reverse split to follow.
I'll be adding shares when it finds a new bottom. I think they can find money/partner for testing costs and should get approval with next application to FDA. IMO PR was a big positive.
Only a fool would of expected approval without more testing. Not bad really, additional short term animal testing is better than it could have been. At least now they know what to do for approval and I suspect a partnership may now be possible. Watch for huge reverse split in the near term.
If it wasn't so sad it would be funny. Poor Stupid is obsessed with message boards because he has no life. He can't handle all the posters who see what a moron loser he is and call him on it.
and not just more and more paper being issued and dumped every year.
Everyone but Stupid is smart enough to see this coming. They have no revenue and bills to pay plus Katzaturds large salary. Yes, they should have been selling isotopes for the past year and actually doing something besides dumping more shares but it didn't happen. Reverse split is all but certain as well. Once reverse split happens Katzaturd will have lots more common shares to dump once again also. FDA news better come very soon or this will see triple 000 once again. We have no news or bad news, take your pick.