There is another company that is very similar to PYC, which is privately held. So it's work is not well known. And I can't put up the full story here. But the owner told me a story about one project they worked on. They basically did the high end science for a cancer treatment. The interesting part of the story was , how the coy funding the work went broke.
Another coy paid $14M for the cancer drug. This company continued the funding. A few million more and the job was done.
The new owners then sold the drug for a whopping $510M cash.
During the course of this fascinating story, all I could think of was PYC. What is the CPP and EET technology worth?
Unfortunately I can't share better details here. But I can tell you, my personal valuation of PYC has gone upwards significantly.
PYC Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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