BOT 1.39% 35.5¢ botanix pharmaceuticals ltd

Comms from Management, page-21

  1. 4,392 Posts.
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    Well I am pretty gutted by this result. Being one of the big advocates here this result has left me feeling pretty empty.

    I was lucky enough to listen to a call Wednesday with management. Not sure why this call wasn't for all holders to be honest.

    One of the holders/callers really gave it to management at the end of the call, forget his name, but it was well deserved for mine.

    The call gave me no confidence unfortunately.

    The company did stress that there is no link with CBD and it's possible effectiveness on Corona whatsoever at this stage... at least they were honest about that.

    Corona may be an issue with the upcoming 1801 trials possibly as the company navigates lock downs and what not - however there is obviously some promise with the upcoming antibiotic trials.

    The company feels they have 24 months of cash left and will obviously look at cost cutting measures.

    For transparency I have sold out. The reality now appears that psoriasis was discontinued, acne was a half success and the product appears simply not to work on AD.

    That's the game and the risk we play. At these levels it is probably worth holding on for those brave enough as there may be some updside.

    I apologise for anyone influenced by my posts whatsoever and sincerely wish you all the best going forward.

    Enjoy time with your loved ones... times like these make you realise what is truly important.

    Cheers,

    Bernie






 
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