Loyal shareholders have been waiting for 20+ years for it to be blue chip. Next announce will probably blame the financial meltdown. And Bill Gates reckon it will last 10 years. So 20+ 10 years ++ ??
One piece of observation that has fly under the radar is that the money pumped into Biota's own R&D lab don't seem to produce anything. What do these PhD people do? What do all these directors with fancy titles do? Ryan has been with Biota living off shareholders' cash injection, grants and royality payments since 1991.
Cook and his cohort got to go, they have not contribute anything from the past nor is there anything worthwhile they done now that you can say that has intrinsic value that shareholders can feel and touch.
BTA Price at posting:
42.0¢ Sentiment: None Disclosure: Held
