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Biotech / Medical : GenVec - GNVC
GNVC 7.1930.0%Jun 26 4:00 PM EDT

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To: Savant who wrote (91)12/1/2016 1:01:25 PM
From: Gary Mohilner  Read Replies (1) of 106
 
Hopefully GNVC is now positioned to move dramatically on any positive news. I believe that the hearing trials will take years, and probably will require the supplemental drug GNVC is developing to be truly effective, but approval could come from less than limited hearing improvement.

GNVC is now down to well under 10 million shares, as I remember it. They almost certainly will do dilutive funding in the future, but as I remember it, their limits are still under 100 million shares. Success on the h earing or other products they have in development could easily take their market cap to well in excess of a billion which would finally turn this investment profitable.

Gary
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