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Microcap & Penny Stocks : Sparta Pharmaceutical (SPTA)

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To: larry larsen who wrote (7)3/1/1998 9:41:00 PM
From: Mark Haythorn  Read Replies (1) of 22
 
Just to keep the thread alive-

I've been in almost 2 yrs and have only seen a decline in share price.
I just can't believe all the 'stuff' they have (patents, products, etc), esp. considering they are a $0.40 company right now.

I was first excited when they bought Lexin Pharma and got LEX-032. Their serine protease inhibitor patents kept me excited. The retinoid patents show potential- but what probably excites me the most is their LADD liver-activating drug delivery technology.

I also would think that something is happening, or would happen soon. They just have too much 'stuff', are too cheap, and could use some capital to keep some development programs going. I haven't heard anything, but the fingers are crossed. It was probably foolish to stay in for so long, but I think I can say that they are the best 40 cent per share co. I know (whatever that means!!)

-Mark
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