You may be right.
On the other hand, you may very well be wrong.
If present experimental work gives poor results, I would expect the company to be wound up in the near term with a cash distribution that would not likely exceed 4.5 cents per share.
On the other hand, if the oral insulin is shown to be effective in pigs or a primate, then don't expect an early demise. The next few months should be determinative.
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