SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Paracelsian Inc (PRLN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: richard davis who wrote (1006)12/8/1996 12:30:00 PM
From: paul goldstein   of 4342
 
richard, before i go off to the new york times for relaxation..
if we had a product that was effective against aids in our
lab testing but the current laws required several years of testing
and clinical trials before the government would let any
product to be sold and it would cost , approximately, say 6 million
bucks at least to go thru the many trials.. or, we had an
alternate route thru a natural ingredient act that allowd us to
market a productbut limiting us on what we could state to
what we could clinically and scientifically prove ..then,
we would have a vehicle to consumer sales which would change
us from a bio tech to a consumer company.
remmber now we have some unusual problems with our products that
are not faced by others. we are selling a product for aids
we have limited proof. we need several more years to get
fed aproval except as a natural ingredient.
we have or had a distribution and selling problem,
we solve all that very cleverly i believe.
so we in march sell a product to a certain group of users,
not the general population. we reach these folks and they
evaluate what we can prove. they either believe or not
believe.. but if they believe and buy we have agreed on
the pricing and so forth.
so we wait and write to each other. its fun to me and i
know to you and the others.
we will look back and smile as we read our notes. remember,
once we see over five i will not post much..<grin> well, maybe,
it is hopefull that our first product is effective as many
believe it is. once we get to july and our cancer product we
will have learned a great deal ..
i think its hard for folks, even me ot understand why our stock
is so cheap with what we have unless its really back to what we
can prove. the proof is going to be in march.about three
months away. iether we have ir or we don't. simple. no
indise info. if we have an effective product against aids and
then one for cancer that is effective then you tell me the
price of prln/
if we don't then we all had a lot of fun and lost a lot of money
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext