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Microcap & Penny Stocks : NEOTHERAPEUTICS (NEOT) (NEOTW) -- Ignore unavailable to you. Want to Upgrade?


To: Gerald Underwood who wrote (231)4/1/1998 2:00:00 PM
From: Marty  Read Replies (1) | Respond to of 705
 
Hi Gerry,
Thanks, I saw the news release but I did not see any update page or any "What's Going On" link on the NEOT web site today.... only the old press releases. I also read the press release today with the profit and loss figures. I am not concerned about the loss because they are still in the development stage and this is to be expected. I don't know if the new funding arrangement is that good or not. I can't get too enthused about borrowing money, it is no substitute for making money. I hope there is no incentive for the lenders to short the stock to get the price down so they can get more shares for their advances ... ala Techniclone.

I still did not see anything new on the tests... after all, they have completed animal testing for some time now. I was under the impression that human testing was already under way. If I read it right, it now appears that human testing is being planned (?) for this summer. They are not going to keep their lead at this pace.

Reading their press releases is like wanting a steak and actually getting cotton candy. Whoever is in charge of watering them down and being certain that nothing too positive creeps in is doing a terrific job. I am very unimpressed with their PR firm so far. Stock is down about 10% and warrants are down about 25% since they were hired for public relations. I know they aren't responsible for the price of the stock but that is the bottom line. If they have done any PR at all I think I would have found out about it.

Taking losses like this makes me, and I am sure a lot of others like me, extremely cranky. And if it appears, day after day, that nobody there cares, it makes it worse. They have a very promising new drug that treats a terrible problem ... what happened after all the positive test results last summer? How about getting the word out??? The PR firm's JOB is to get them some INK .... where are the articles? Where are the test results? Where are the new publications in the last 9 months?

This is like pushing a string.