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Microcap & Penny Stocks : Microcap Kitchen Canadian Stocks

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To: Hodor who wrote (24589)6/1/2014 2:55:18 PM
From: Boolish  Read Replies (2) of 49402
 
TLT this taken from an April interview.

"We are also working at completing a $10 to $20 Million private placement financing round in late Q3,2014, or early in the fourth quarter of 2014 to allow the Company sufficient funds to complete the Phase 1/2a clinical study in bladder cancer in 1Q2015."

Think we will see this play transition from Howe St to Bay St over the months ahead. Gotta deal with the deluge of paper coming from the cheap Vancouver raises and then the next one should bring with it bigger dollars and stronger firms. This is why I only have a 25% position thus far. Plenty of cheap paper out there + the newly underwater traders will add pressure if the price continues to fall.

So many extraneous variables exist that I needed a piece. US investors could take a liking....more news en route?....a favorable analyst recommendation? I will add 25% for every nickel it should drop from Fridays close...if I am unable to get a full position before the stock recovers then I will add with a break above Fridays high print.

This feels like another one of those stories that could certainly get legs.....the volume is telling....and the technology compelling. The float is still respectable but if a raise were on the table for the numbers discussed above for dilution purposes I'd like to see it at 50+.
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