Ann: Noxopharm Announces Novel mRNA Vaccine Enhancer, page-26

I haven't checked in for a while but seems a lot of negativity on here today after this great announcement. All I can say is maybe it's time to slap yourselves in the face and pull yourselves together and do something positive. It's not healthy to spend your days wallowing in self pity.

I will be the first to say I am disappointed in the company performance. Ten times today's price is a little more than I paid for a large parcel of shares but let's not dwell on that. If it's worth a billion it will have to be more than 10 times based on just 292m shares on issue.

We need to go back to basics and look at this rationally as a new potential investor would do. If I didn't already own the stock would I buy it now?

Currently we still have $11m at bank and an enterprise value of just $17m which includes intellectual property, partnerships and work in pipeline. That's all before today's announcement. There are a lot of intangibles and it's impossible to replicate what we have for anywhere near the current price.

I need to review my research from the ground up before being more specific right now, but today's announcement does sound very promising. As a takeover proposition I would say we would be extremely cheap to a major and potential upside from here is significant, it really is.