Yup - 100% agree. Stock holders should be running for the hills when this crook shows up.
Whilst this announcement means nothing - untried and untested drug co teams up with untried and untested bio-tech scanning co to *potentially* do something - this is basically a MOU, but of lesser value, it did reveal something however - and again it gets lost in this clowns BS and rhetoric.
The team up is so they can go into the grant space.
Now that's ballsy.
Australian struggling wannabe drug co is trying for a USA grant.
They need some luck though, as basically all you have here is a drug that kinda worked on a few rats.
Despite the idiots bluster - no Phase 1 trials have been done. None. Nada. Zippo.
No idea what Rochter Mitty is on about with Walter Reed - all they are doing is replicating the rat trial to see if Nyrada are being truthful.
Nyrada is at the GLP safety check stage - a long way from a Phase 1 trial.
I have no idea why this Roch moron is allowed to stay on here. He's been banned multiple times for pumping false info - on multiple stocks.
If you were dumb enough to listen to anything this fool said - check for yourself and sell.
Easy buy back in at 2 - 2.5c MAX when they do an actual human trial.
Some people have lost 66% of their gains so far - don't lose more is my motto.
Phase 1 trials are to see if the drug harms humans, not if it actually works - get a good result there, and that's when things get serious.
That's also when Nyrada get bought out for a pittance, as they cannot ever hope to fund clinical trials of NYR-BI03 on the scale the FDA will demand.
Good luck to all holders - like multiple people have said - when Roch appears - grab your money and run.
