RE: Is this company ever...16 Jul 2020 18:51
surfie the first point you have to bear in mind is ignore any posts, whoever they are from (me included) unless they contain facts, or at least something that can lead you to facts. ignore everyone's posts telling you how much money it is going to make. it will not make any money unless it gets EMA and/ or FDA approval (I'm only talking here about med3000,not the TPR and possibly the CBD collar, as these are at best unknowns, which may bring a bonus,but which equally may not. ignore suggestions that it will get a wonderful partnership deal before approval, it probably won't (not impossible but very very unlikely). weight up how difficult it is going to be to get approval (med device route is a plus but still hurdles to overcome). weigh up what possible cost of FDA approval is, when we have more detail of the trial. it's cost is just speculation ATM .try and reach some sensible idea of what the market might be after approval.then halve the figure you get.estimates in this area are almost always exaggerated. ignore the figures in brokers notes.they are just made up. read the detail in them if it seems factual .finally look at the current market cap.what effect would even quite modest sales producing income have on it (thats the key factor for me) ? finally have very modest expectations and accept that it's a very risky type of investment, but with possibly very high rewards.apologies for the overly didactic tone but, i have done this really for my own benefit to help me crystallise some of the issues here.