RE: Current situation17 Apr 2025 19:11
Let's be honest, the last placement was an absolute disgrace. In fact virtually without exception all their previous raises have been appalling, for one reason or another. Shareholders have suffered greatly and although people say Vlad doesn't care, I'm sure Vlad and his wife going from a multi million dollar holding and majority ownership to a few hundred thousand and less than 5% of the company must have stung, so I don't think it's cynical I just think it's financial incompetence.
But we are where we are and things have now changed. Rather than raising as an R&D company they are now a clinical company and although only one patient they have tangible data that will demonstrate not only the safety but efficacy as well. Basically they can demonstrate the product candidate works, which is huge when discussing finance options.
Vlad has talked for many years about candidates and or the company being worth billions. The imminent hospital results, patient two being treated and a finance agreement being agreed means Hemogenyx are at the most critical juncture in their history. And it's all going to happen in weeks not months imo.
I remain calm, confident and very hopeful.
Happy Easter to all.