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Granite City Food & Brewery Ltd. Message Board

wawallace 26 posts  |  Last Activity: Sep 24, 2014 8:52 AM Member since: Nov 15, 2006
  • Reply to

    Today's News!!!

    by cytomotw Aug 19, 2014 9:03 AM
    wawallace wawallace Aug 19, 2014 9:36 AM Flag

    Also, this trial was discussed on the last conference call, and we were told it would begin within a couple weeks.

  • Reply to

    Today's News!!!

    by cytomotw Aug 19, 2014 9:03 AM
    wawallace wawallace Aug 19, 2014 9:34 AM Flag

    This trial is not to determine the effectiveness for the indication currently under review; it is the big expansion that we need to become a major player in cancer diagnostics.

    The article states that the trial is taking place in Peru because the lead Dr has a clinic there and because Peru has one of the highest rates of cervical cancer in the world.

    They will get financing, I'm fairly certain it's already lined up, but they would like to limit dilution and will run on a shoestring until the next FDA decision. Management has already shown an ability to provide short-term cash flow to pay monthly bills.

  • Reply to

    What are some of you thinking???

    by cytomotw Aug 18, 2014 7:12 PM
    wawallace wawallace Aug 18, 2014 8:20 PM Flag

    I'm still assuming 100,000,000 shares in my fair value calculations. Have added 25,000 for a total of 125k.

  • Reply to

    My take

    by cytomotw Aug 14, 2014 9:53 AM
    wawallace wawallace Aug 14, 2014 11:44 AM Flag

    Because 25% of outstanding shares are held by insiders, and they don't need a rights offering to purchase discounted shares- they can easily inject capital in a senior position instead of being relegated to the junior status with the rest of us.

    In addition, they are already drowning in underwater warrants that they can cash in after fda approval.

    Don't take my response to mean that I blame them. There is a reason that a control premium exists.

  • wawallace wawallace Aug 12, 2014 12:14 PM Flag

    Can bile duct cancer be found early?

    Only a small number of bile duct cancers are found before they have spread too far to be completely removed by surgery.

    The bile duct is located deep inside the body, so early tumors cannot be seen or felt by health care providers during routine physical exams. There are currently no blood tests or other tests that can reliably detect bile duct cancers early enough to be useful as screening tests. Without effective screening tests, most bile duct cancers are found only when the cancer has grown enough to cause symptoms. The most common symptom is jaundice, a yellowing of the skin and eyes, which is caused by a blocked bile duct

  • wawallace wawallace Aug 12, 2014 12:12 PM Flag

    Also biliary, which may be the most revolutionary based on current technology.

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