Seriously?
You should probably blame your own management.
Why announce plans for a Phase 1 trial when you don't have the money in the bank? Absolute amateur hour stuff.
They should have done a CR at 10c+
Now, the little money you do have, is being frittered away by buying their own stock on-market to keep some sort of share price around 3-4c
Always the same on HotCopper.
Things go well = investment genius
Things go south = Manipulation, big-boys games, brokers diddling retail out of their shares etc etc
It's poor management pure and simple.
They may as well have held a firework display whilst yelling 'we have no money' - the result will be the same.
You need a CR, the market knows that, and you are screwed.
Ann: Brain Injury Program GLP Studies Further Update, page-11
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