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Kandi Technologies Group, Inc. Message Board

thenasdaqman 4 posts  |  Last Activity: Sep 17, 2015 11:03 AM Member since: May 9, 2003
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  • thenasdaqman by thenasdaqman Sep 17, 2015 11:03 AM Flag

    I think at this level interesting spec eventhough it looks to me that someone knows their doing a financing here to take them thru the phase 3 trial which has taken them way longer than anticipated.Finding enough sick patients to do the trial seems to be the problem.I have no doubt it will get approved but the timing is the question.My only question is it was such a big opportunity than than why doesn't this mgmt ptnr here instead of going it alone.Their are so few drugs in late stage 3 for digestive disease problems.

  • thenasdaqman thenasdaqman Aug 19, 2015 6:06 PM Flag

    My guess is that someone thinks their doing a financing which if they do is factored in now.They have 10 mil cash left and about 9 months left to complete phase 3 .They may take on a partner at anytime big pharma.They have 130 people enrolled need 200 to complete phase 3.They are very selective and in all lilihood will get fda approval in 6 to 9 months addressing 1.5 billion dollar mrkt which they will own 30 percent very fast.They have spent 7 yrs to get it to this point and won't give the product away at this point.jmho

  • Reply to

    Why isn't AS and his DREAM team not...

    by teach_162 Aug 12, 2015 11:29 AM
    thenasdaqman thenasdaqman Aug 12, 2015 1:20 PM Flag

    he bought a bigger house check

  • thenasdaqman by thenasdaqman Aug 5, 2015 4:49 PM Flag

    You have to ask yourself on this why did the company spend 30 mil last qtr way way above what they typically spend.I believe they though they were betting big deal coming in that didn't happen in june or july.In my opinion they have about 4 weeks before they have to do the at the market financing they have discussed and the shorts have been laying out more shorts with anticipation of this.So if they don't get a cash upfront payment deal from the big pharma they have talked about so many times over last couple months the stock will just languish and trade like junk.So to me the risk is equally weighted at the moment and i am watching to see clues.If they have upfront cash deal for abvie for their humera property the news will leak and stock will trade up the day before as these things tend to leak out.IN the meantime nothing to do here.

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