Ok Biobull, I'll bite, I put this up 5 weeks ago. Posting again for your benefit, although you're probably all over it.
Don't post very often, enjoy the HC chat on Race. I haven't been involved in the market very long & am still learning. When buying, selling or investing in shares, I have found that there are some simple rules. These centre around facts & truth. Here is what I have learned
.FACT - Bisantrene has been through all 3 phases of human clinical trials
FACT - Bisantrene was approved for use in humans
FACT - Bisantrene produced complete remission of 2 young girls in the 80's who are still alive today
FACT - Bisantrene produced great results in the recent Sheba trial, it must be noted that this trial wasn't designed by Dr T, however the results still proved the drug worked.
FACT - Bisantrene produces minimal cardiotoxicity & harmful side effects
FACT - The board are people of integrity & intellect who want Bisantrene in the market
FACT - Race have appointed a highly skilled consultancy firm in the USA to help get FDA approval quickly
FACT - Top 20 holders have 50% of company (might be adjusted when new top 20 comes out)
FACT - Directors have bought on market with their own $$
FACT - Bisantrene was 2 of only 260,000 drugs in the NCI database that showed potential as an FTO inhibitor.
FACT - In preclinical breast cancer testing, Bisantrene has shown to be an alternative to popular chemo drugs
FACT - John Cullity, our chairman, has worked in the buyout space of big pharma (imagine his contact list)
FACT - Race is only 12 months away from getting phase 2 clinical results back (which will strengthen our position)
FACT - RACE will be doing trials on melanoma & renal cancer patients to demonstrate our FTO potential
I could go on, but I think there is enough evidence to suggest this is a solid biotech with plenty of upside.
DYOR
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