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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments -- Ignore unavailable to you. Want to Upgrade?


To: Cube who wrote (13619)7/10/2000 3:59:52 PM
From: luis a. garcia  Read Replies (1) | Respond to of 18998
 
Cube as you know good things sometimes take a little time... You are right I had no idea a while back that getting fda approval would run into soooooo many problems... I went to school on that....
but guess what?
they have fda approval now its a matter of labeling which we expect soon ... that triggers a whopping milestone payment... we think 15 mill and 5 more when the go to market and five more after they reach some sales tgt... twenty five mill...
so now the fun begins... comercialization etc.. I have listed a lot of these items already.
Now How does a company that has 11 + 15 + 5 + 5 million going to have an issue remaining as going concern...
then USA-Canada royalties from otc sales...
but I accept the fact that you will be a sport about it and
admit you were a wee bit hasty to take this negative attitute towards what is perhaps going to turn out to be the most undervalued stock of 2000.
look forward to your retraction....soon
luis