Neurobiological Tech (NTII) Message Board

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Biotech / Medical : Neurobiological Tech (NTII)

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Mar 7 3:00 PM EST

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To: JMarcus who wrote (1395)	10/25/2006 10:03:23 PM
From: John McCarthy	Read Replies (1) of 1494

Hi Marc I stink at forecasts so I do not know HOW LOW its gonna go and for what reason(s). I have not been following ntii at all (I am more focused on gold stocks for the last year or so) but in trying to drum up financial reports related to this year I could not find any. that means .... (a) I don't know how much cash they have (b) I don't know their qtrly burn rate (c) I don't know how much longer the combined trials will take to complete but will LIE and say at least another 6 quarters after this quarter is complete ... (d) if nothing changes with Memantine royalties looks like they will do about 6.0 million and change in royalties its kinda bleak on the one hand .... but on the other, please recall some posts that Harry Tracey made sometime this year (somewhere) in which he said words to the effect: doctors will use these stroke drugs 1 out of 2 times .... (I could be (a) mis-quoting him and or (b) not understanding him correctly) but I THINK he wrote that .... thats alot of business i.e. 800,000 - 200,000 = 600,000 eligible targets * 50% potential equals 300,000 targets I don't know the status of the FRX drug (the 9 hour thingie) nor of the other drug whose name I forget ... first base is: need a recent financial statement to give a feel for (a) current cash balance and (b) quarterly burn ... regards, John

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