I think you're giving them more credit than is due thinking they have some "Master Plan" I think it's just poor management, awful judgement, terrible panning, absurd financing, etc. Until that changes this will flounder, Schweity brought hope but has proven nothing more than Langdecker and Chaplin, maybe less?
Cause I invested 2 years of my life in this train wreck, I believe CA4P is a great molecule and could have value if managed correctly. I keep hoping I see a change and a reason to get back in but not so far. Why is a Moth attracted to a flame?
I understand your blind allegiance hauley, I had it once as well, for too long in fact. Lost my shirt, averaged down, lost more, finally saw the light and bailed at $.93-$.95. My average was near $1.40, lost a bundle. Now you think they are building shareholder value faster than they are burning it, cash that is? You think they will partner or sell before they need to dilute? Maybe, keep hoping ...
Small pop, not enough to get anyone out from under, sold into as usual. Just a chance to get out before the next cash burning event. Management not buying shares .... EVER, except Loar who's holding the bag. Stock outta compliance, Management doesn't care. No Conference Calls ... No Partners ... No Buyout ... No Business Development Deals ....
Apparently Langdecker had a deal and they canned him .... NO DEAL!
11 months - how many CC's? how many business development deals? how many PR's of significant news? Almost a year now - if I was CEO I would have sold the company by now for $5.00-$6.00 and made Investors whole. Where's the fiscal responsibility to current share (bag) holders?
nuttin' to say, nuttin' ever changes with this dog and pony show ... Next milestone, Q1 results another $3 million - POOF! Then start of the 4 year Phase III, ramp the burn, no partners, no CC, nothing to report for months - I got out for quick Steak money and will get back in after Phase II/III is 6 months old (first read out) - Luck Longs!
Oh, and no more warrants. I don't think Dodd has "scared" shorts, he just let them know there's no more "Turpin like" deals where you give away the Farm. Now it's all about negotiating from a position of power. If Wainright wants shares then it's in their best interest t call in the Dogs and let the price go up. They're getting on the right side of the trade.
We all know this is worth a $200 million cap and the Hedgies have been manipulating it down hoping for another financing, well they got it. But this is the last at these levels cause this $10 million will be more than enough to see us through to data readouts on Phase III. Once it's closed expect the bashers working for the Hedgies to disappear and the stock will start rocking higher and higher .... what a game
We know they needed a bit of a cash buffer but Dodd raises $10 million with 3 million shares - Turpin would have issued 300 million shares with a half warrant to boot! lol
Coming off a fantastic Q4 with positive Analyst ratings, ramping revs and new products kicking in. We have just 6 weeks until Q1 results which will "reveal" how Thyroid Reveal is doing. The next wave sees us breaking through $1.50 on some serious volumes. Good luck Longs