Nuvo Research Inc Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nuvo Research Inc

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ron Nairn who wrote (1590)	4/4/1999 4:35:00 PM
From: the Chief	Read Replies (1) of 14101

Anytime a biomed can get access to venture cpital, it takes advantage of it. My understanding is that they have enough money to last until the end of this year, at the existing burnrate. How long after a major signing does money start comming in? Probably not ASAP. Therefore to progress other drug programs they'll need more money as an interim bidge. Lastly, many biomeds have 100's of millions of shares outstanding because of costs of development. I'm rather enthused that this little company is in stage 4 with a drug and has less than 50 million shares outstanding. I don't doubt you were told Dec 31, but of course when HC or the FDA doesn't accomodate that date, everything moves to the right. They won't have an inked deal until, there is some sort of indication of the approval on the horizon. Your frustration sounds like it comes from being long DMX for sometime, I share the frustration in another stock APQ-TSE....promises promises promises....no cigar! the Chief

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next