RE: HEMO. For a truly brilliant synopsis of the True Position.21 Feb 2024 06:45
Worth reposting every morning , whilst the lying shorters are around , attempting to create controversy. Its also useful for newbies reading this BB , to get an understanding of HEMOs true position and potential, from someone who really understands the company.
Of course Hemogenyx need millions, that has never been in question, what is in question is the urgency and nature of any funding.
CAR-T related what is the urgency? They have a stock pile of Lentivirus and 2 clean rooms and the staff to produce HEMO-CAR-T in house. They are doing one patient at a time so not seeing much urgency there. However prevail will want to know funding for the trials is secure in advance of starting trials, given prevail partners don't invest in pre clinical traditionally and now hemo ARE clinical... its not a stretch to guess they will invest to cover the CAR-T trials which honestly is not that much.
HOWEVER... CBR, hemo have IN VITRO results against measles, cancer, covid, ebola family etc. They have IN VIVO results proving programmed immune cells are found in animals after treatment. So the next step is to challenge animals with CBR and live viruses. Ebola etc? Probably free I would assume as its government facilities, cancer? If they test this one would assume they can do this at any of the facilities but still going to have to pay. Same for Covid CBR. Its going to be expensive to find facilities to do IND enabling studies with live animals and live Covid19.
Add to that operating costs of a few million a year and its really not unreasonable to imagine the company need or rather WANT to raise 10-20mil for the next year or so.
But the bottom line is with the recent EXCEPTIONAL good news Vlad is in a position of strength. He is not desperate and forced to raise funds at a discount as much as some might like to imply. He has time AND options, now he is clinical there are grants. There is non dilution loans, there are Joint Ventures, partnerships, PIPE investments. Vlad is the largest shareholder who has now "won" any assumptions he is going to "screw" us AND himself now? Is just groundless.
Some traders sold on FDA having bought from lows expecting a heavy fall, then ANOTHER RNS and forced to start shorting, ANOTHER RNS and selling has run out of steam with ALOT of sells but SP STILL up. Vlad has done a fantastic job and the company are in a position of strength, if people want to ASSUME the worst because that's what happend in the past? That's fine, it's your money, I'm going to put my faith in Vlad to do what's best for the company himself and by extension, me.