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Biotech / Medical : Paracelsian Inc (PRLN)
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To: Judy Muldawer who wrote (4019)12/18/1998 9:04:00 AM
From: Jonathan Schonsheck  Read Replies (2) of 4342
 
Judy, Robin, Larry, paul, and all the rest -

I don't know whether this Press Release will have any impact. (I'm too tired of being mistaken about what moves this stock to even hazard a guess.)

But what I find really encouraging:

1. This infusion of capital "bridges" us to the Scherer revenue stream - ensuring the continuing viability of the Company.

2. When I first saw the figure $250,000 I was wishing it had been higher - a "louder" vote of confidence. But upon reflection, it's a good thing that we don't need more cash to continue operations.

3. The sentence "We also have generated significant interest in the marketplace." As retailers sign up for BioFIT Certification, there will be work to do, which will generate profits. But more importantly, it will generate royalty fees, which are almost PURE profit.

4. "We also are engaged in discussions with several parties regarding other aspects of our business." There's (far) more to Paracelsian than BioFIT. Natural products could yield nice profits. So could the successful marketing of the AH-Immunoassay. And pharmaceuticals - well, that's where we have the greatest potential for mega-bucks in the form of licensing arrangements.

5. "Related announcements will be forthcoming at the appropriate time." Of course they can't announce news without news. But the wait for good news - since August - has been pretty tough.

We may have to wait until the potential becomes actual. But all the evidence points towards the success of our new management and board.

Jonathan

P.S. Hank - are you watching?
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