Worries on Immuron, page-2

The NASH results seemed promising but did not blow me away ... more of an incremental improvement at Ph 2 which is good but not great. Travelan might be best farmed out to a multinational for cash and royalties .. will take a long time for the brand to build ... or do the other route and use the proceeds to built Travelan ... both might be challenging given the need for cash to meet the burn rate. Raising more a ways back would have been smarter. There is a good balance on the board here but a few do seem to love the stock and are a bit silly with their options projections.