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Biotech / Medical : Biotech Valuation
CRSP 53.85-4.5%Jan 9 9:30 AM EST

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To: numbrcrunchr who wrote (7184)10/15/2002 9:52:25 AM
From: John Metcalf  Read Replies (3) of 52153
 
"Please have an open mind."

Ok, I did. I read several Centrex SEC documents on EDGAR.

Their patent assignment from University of California is their only apparent asset. It has not issued because USPTO rejected the claims. And, it is not theirs until paid for (they don't have the money). And, there is no related work going on at Los Alamos, though they have a vague plan to commission it, which may not have even been presented to Los Alamos. And, they have no research personnel.

How's that for open-minded? How come the acupuncture clinic pops up on Dr. Couglin's links? Is he their landlord? Does he work in the clinic, while he waits for the company to raise $600,000 in unpaid back payroll? Inquiring minds want to know.

SI is not a place where glorious claims go un-challenged. If I were touting such a suspicious bag of wishes, I'd stick to places where members don't do research. The more you pump Centrex here, the more its warts will be made known.
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