I agree with you .....SFAD has made progress, but needs to be open about what is going on.
The nasal delivery system is what got my attention three years ago. It was developed at the UofK, but the patent is already 12 years old I think. If it holds any promise, they should be touting it.
As for the restricted shares, what concerns me is that, although restricted until 2/2000, I believe that they can be released prior to that with the directors' blessings. And being that the Tolleys run the show, that could be anytime. In fact, there have been numerous 144 filings in late February 1999. For what purpose, I don't know; cash for the company? personal use?? But they are restricted shares being released, I believe. I may get back in, for the fun of it, but I think it will test the $.03 to $.04 range (not much momentum right now), so I'll wait. If I miss a run, c'est la vie.
Good trading......... |
