Daz,
If you cant afford to lose your capital, your best bet is to wait until the company shows something significant such as a commercialization strategy, FDA approval or CE mark for a product line.Â
Until then, it's probably safer to go have a 10k hand of blackjack. Biotech stocks are notorious for wild swings which isnt for the faint of heart.
I would just say tread carefully whatever you decide.
Best of luck.
44c, page-16
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