as long as you lux annd max are here, BIT is likly to be not a failure!
Biotech/Biotron takes time, which is well known, but one is sure to be absolutely fed up with the way the management is absorbing cash in the form of salaries without materially doing anyhting for tangible outcome. Their ways of communication lack transparency. How can the management remind people of exercising options while they are not doing so. They could exercise at least some % of the options in token of their sense of belongingness to the company they're getting their brerad and butter from.
I'm critical of the biotron management, but investments from me and others are keeping the Biotron's light on. My exit price is 11c, but I expect a deal or similar to make the SP at least 22c or 33c or 44c. I've been patiently waiting for the SP to be at least 11c or 22c or 33c or 44c. I'm responsible fo rmy decision, but the management that used keywords cure, holy grail, statistical significance, discussion going, good progress, .... should now sell the compounds, platform,... and .. IPs to a capable company that can take the technology to the next best level. 20+ years spent should have something to be converted to money. All works done to date should be at least transferable to a capable hand. If no financially transferable work done by the management fed by the SHs' and tax payers' money, there must be some actions. I'd like to to be optimistic of a deal to honour the SHs.
Have a luxury week end!
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