Global market is $6B. The only oral safe and effective drug to be approved soon would definitively catch more than 10% of global market. Moreover due to many patients non compliant patients dropping off current drugs (inections nuisance or contamination risks), I would expect global market to increase significantly due to the launch of safe, effective and easy to administer drug. I would not be surpised to see global sales in the USD billions within 2-3 years
In fact the results to be reported in Q4 2015 relate to the first, double blind, 3 months part. Nobody knows the results yet, small volumes movements, up or down, are irrelevant as they are just PPS manipulation. When you start to see heavy volume movements that is when insiders have been communicated results by the DMC, leak must have happened and expect results to be communicated within the next few days.
Who is claiming to have good results? The trial is ongoing, nobody knows the results yet, not even insiders, let alone the MM who keeps selling 100's shares to walk down the price in the hope to accumulate as many shares as possible. He will not have mine, in fact I will buy more from him playing his game.
Insiders will probably know the results before the end of the quarter since tgis is unblinded ph2, and although insider trading is illegal,look for heavy volumes movements by mid December, as leaks are quite common with unblinded trials
Less than 2 months from LC ph2 results, at max. We will know before the end of 2015, if Emricasan will confirm as being the only drug able to reverse or control Liver Cirrhosis. Before then MM will keepsteadily walking down prices to accumulate all the float he can from retailers. The good thing is that we can do the same and buy at very low prices, just above cash on hand, I hope the downward trend can continue for another two monthsT the sad thing is that many small investors, who have not don ethier DD will be scared and will surrender their shares. Most likely the trend will continue until mid December, then when leaks about results start there will be a quick run up. Look for some key indicators by mid December, one of which being heavy volume.
just listened to the call. We are basically looking at $200-$250M total revenue from existing applications including desal (SLB exclusivity applies to onshore fracking only) with at least 65% weighted avg GM or ca $150M. Accounting for some R&D and G&A, I see at least $120M pretax income, easily supporting $1.5B in market cap. But again this is just from existing applications.
Conservatively, OK so let us assume 70% goes to the bottom line. $150M royalty is $100M GM, P/E of 10 that is $1B w/o even considering other revenue/margins/costs. What did I write?
Basically they have now $150M in cash, no debt, a projection of $100-$200M in royaties per annum( which should have either very little or no associated costs). Only this deal, w/o even considering the rest of the business, is worth $1B-$1.5B in market cap
I am not crying, I sold yesterday and I am glad I did. Sorry for the ones who are still holding, but this is the worst ever company I have ever owned, what I nightmare!
there is nothing wrong in saying in the 8K that the licence was given for a one off payment of $295K plus annual royalties. Unfortunately it says just one off payment, which means that's all we got. That's sad but that's what the 8k says.
If this is not the case, and there are also annual royalties, that is the worst ever worded 8K I have ever read in my life. Basically a suicide. Enough for either a CEO to resign (if after all this time and costs we got only $295K) or for the IR firm to be fired (if there is much more than only the $295K the 8K should be amended immediately)
He will scare you and trick you into selling as he now needs cheap shares. With CISCO still to come and the same patents in trial, SPEX could be worth 10-100 times what it is worth now.
Now we have to understand how much it is. I guess we will know from the 10Q at latest. Even a tiny $10-20M per annum would justify $3-$5 PPS!
It appears that Huawei lawyers negotiated a settlement that Huawei management refused to sign off? Didn't Huawei lawyers have a mandate from Huawei management to settle?Then the lawyers were caught off guard and did not show up on Oct 2nd? But did they go to the hearing yesterday? WTH is gong on here, any reasonable guesses or inside info?
If we do not get an update beginnng of next week about what is going on, I will report AH to the SEC for issuing materially misleading information to the markets about SPEX/Huawei settlement when in fact it has never taken place. I suggest that you all do the same.
Have Huawei lawyers shown up? Is the settlement still in play or was litigation resumed? Again he CANNOT hide material information to the markets, there is an obligation to timely disclose material information and he should know that as he is a lawyer!
i read that. To me it is plain BS. Their lawyers, our lawyers... I do not care , as an investor i WANT to know what happened to the settlement that was expected to be signed withìn Sept 24th. If this is not the case anymore, then the company should issue a PR or an 8K , explaining why