Also interesting to note today, BOT entering a trading halt for CR. Some are hopeful, some unhappy. It is possible that they can rebound off a 3B which would show immense strength, similar to how we rose off the back of our CR. How many stocks do this? Hint: Not many, big sign of strength.
However, not to go off on a tangent it does show how blessed we are that CannVaLate is funding 4 clinical trials for us, and now are tied to us via equity and Dr Sud too when he ticks those performance targets. Imagine how impossible it would be for us to get these trials funded without a ridiculous amount of dilution? Fascinating to see that even larger and more veteran players like Botanix still gotta put up the money since they are burning through gorillions, meanwhile we are here with growing revenues, decreasing costs and still capped at under 50M.
Love being fully funded.
IHL Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held