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Biotech / Medical : Neurobiological Tech (NTII)
NTII 0.00010000.0%Mar 7 3:00 PM EST

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To: Dr. John M. de Castro who wrote (219)1/16/1998 11:35:00 PM
From: btd  Read Replies (1) of 1494
 
The press release says:

"In addition, the company will be required to meet the $1 per share bid price requirement for continued listing by January 30, 1998. In the event that the company is deemed to have met these conditions, it shall continue to be listed on The Nasdaq SmallCap Market. The company believes that it can meet these conditions, however, there can be no assurance that it will do so."

Could that last sentence saying that the company believes that it can make the $1/share minimum mean that the Phase II results will be good and NTIIC is expecting a boost? They of course need to cover their butts by saying that there is no assurance that they will make the $1/share minimum...

Looking forward to results-- scared to death, but still looking forward... I'm "in" right now and I am considering betting the farm (albeit a small farm) on this one. I suspect we could be on a wild ride if results are good.

for what it's worth... btd
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