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

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To: JMarcus who wrote (376)11/13/1998 5:27:00 AM
From: BRAVEHEART  Read Replies (2) of 1494
 
Hi J Marcus,

I too appreciate your highly detailed and informative post. I was wondering if by year end 1999 you mean fiscal year end June 30th 1999 or annual year end Dec 30th 1999. I also appreciate your posting at the Viragen website as there is some interest there for NTI as an investment.

Was there much more said on the role of the PR firm? Let's face it there has to be more to it than just getting press releases out. I am curious as to the potential anticipated benefit of hiring such a firm.

I am familiar with the firm somewhat. A high level broker whom I had contact with was responsible for pressuring another organization to hire Russel Welch for similar services. The end result was it did indeed help move the stock considerably. That company had 50 plus million shares outstanding. I can only speculate what benefits it will have for us as long term shareholders and for the companies interests. That speculation is it will be good in the end.

I would imagine that by the end of December one of two potential scenarios will play out. Either the share price will be enhanced through PR efforts and a suitor for a bridge loan will be convinced to loan the company the needed monies resulting in 2+ million added shares. Or a similar inhouse financing or somewhat more dilutive offering will be accomplished at the existing shareprice adding potentially 3+ million more shares to the bottom line. Either of the two events would be considered necessary evils. Let's face it such dilution would be small relative to the companies potential and existing number of shares.

We as shareholders have to realize that to see the potential of this organization realized it will require added funds in this manner. The interests of some sort of institutional investor could do wonders for the stocks visibility. Especially if it is somehow associated with a high level brokerage house.

I too have confidence in Paul Freimans judgment in these matters. Realize that insiders just recently shelled out $500,000 for additional shares in the company with this plan in mind. Hence my guess is this will unfold to all our benefit and makes the existing shareprice a relative safe entry point from all angles.

Again J Marcus your post are much appreciated.

Jeffrey
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