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Biotech / Medical : Paracelsian Inc (PRLN) -- Ignore unavailable to you. Want to Upgrade?


To: John H. Farro who wrote (4094)1/17/1999 11:38:00 PM
From: Jonathan Schonsheck  Read Replies (1) | Respond to of 4342
 
Paul, Robin & Others,

As I read the 10KSB, the reference to the tablets of Andrographis Paniculata is a matter of accounting, and not business strategy. (They have value - but for the purposes of a financial statement, HOW MUCH value? Without ongoing sales to establish a "market price," use the cost of production.)

I do not believe that Bernie has any plans whatsoever to sell them "at cost."

Scherer HerbGel, BioFIT Certified? That's my guess. (But only a guess.)

Robin -

You raise some interesting points with the old press releases. (How did you get access to them?) I wonder if the compounds mentioned (other than Andro, mentioned by name) are the same ones that Roswell and SRI are testing. Finding out more about the "comparison" drugs would be good; help anyone? Perhaps the most telling conclusion: how much was squandered by the old management -- that none of these were taken to market.

Jonathan