Recent events14 Feb 2024 15:05
With 100s of posts a day, most LTHers, myself included cannot be bothered getting involved.
So what has changed in the past week?
Hemogenyx are now CLINICAL, that is a stamp of approval from the FDA and that certification will bleed into the other pipelines such as CBR and CDX and give them more credibility.
IND approval unlocks progress with trials and allows things to progress with Prevail, it does not "Force" Hemogenyx to suddenly be any worse off financially this week than they were last week and to be in some desperate urgent urge to raise funds. On the contrary IND approval removes the pressure, there is no way that Hemogenyx will have started discussions with Prevail over a year ago about running the trials without some form of agreement on how it would be funded and the idea that a 2m Peterhouse special would somehow make any difference is comical. Funding/placing is the go-to for shorters and trolls and absent any official word from Hemogenyx its a reasonable attack vector, but at the same time its pretty stupid and desperate that they have nothing else to attack.
People are so fixated and obsessed with the remote possibility that Vlad could even remotely possibly do a discount placing that they dont dare risk holding shares in a company that promises to be the next Microsoft in virus treatment. CAR-T is worth 500m MINIMUM, with any sort of results or milestones we are talking 1bn, this is a big ticket item, how much dilution would vlad have to do and at what discount to make this SP even remotely realistic as it stands today? Its impossible.
There are now going to be updates on trials, funding for trials (Likely Prevail at a premium) I HOPE interviews, website updates, details on CBR, what viruses were tested, what about CDX will it progress now IND is passed for CAR-T?
mCap is 33mil approx, Hemo are clinical with CAR-T and they have a nasal spray to cure all viruses, but oh yea there is a tiny remote chance they might do a placing at some point.... Lets sell... Give me a break!
This is an absolute steal down here, its mental how cheap it is after these recent 2 updates, its not sustainable, we just need some better class investors, instead of moaning, maybe go on FB or LI and share the updates with some professionals who know how to read at a 3rd grade level instead of the usual traders we keep getting!