NYMXF Alzheimer's treatment! Message Board

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Biotech / Medical : NYMXF Alzheimer's treatment!

NYMXF 0.106

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Oct 31 9:30 AM EST

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To: Ron who wrote (113)	8/5/1998 8:13:00 AM
From: Demetre Deliyanakis	Read Replies (1) of 132

The press release by Nymox on July 31 is discouraging. The company decided not to proceed with an equity offering due to the low value of their shares. On the one hand, you could make a case that to issue more shares at the present time would dilute earnings. However, I think that Nymox will need more financing within a year if it wants to continue its research and development. An additional equity offering would also help attract more analyst coverage. According to the Globe and Mail, the earnings released by Nymox showed that there was no revenue during the second quarter. This is disturbing considering the publicity that the company attracted during March and April. Is Nymox is giving away the test ?. If so, why doesn't the company publish the number of tests that it has given away.? This would be helpful to determine how the test is being received in the medical community.

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