It would be interesting to know how much the phoremost deal in the uk is connected to the omomyc stuff. Is this just a seperate deal out of left field, or is it actually connected to myc. We have shown some effect with omomyc and cpp to date. Could this new deal be to
A. develop variations of omomyc type inhibitor compounds for our own use with cpp
B. Find ways to specifically target cancer cells so that rather than inject a tumor we could release cpp with cancer killer attached into bloodstream and have it find, bind to and enter specific cancer cells? Now that would be impressive.
C. May be actually working with omomyc to find out how to target tumor cells and enter.
There is no doubt despite the complaints of recent on boarders that things appear to look better right now than they have in 5 years. Suddenly there is a major increase in sp with continuing relative large volume. Up until the omomyc announcement we were just ambling upwards on a few 100k a day. Now a definate jump in daily volume seems to indicate someone wants in. I noticed the last rights issue came on trading halt only a couple of weeks after market update so still a little nervous. Something has to happen with cash in the next 6 months, ie at least another 4-5 million to stsy in business until this time next year.
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