Ann: PTX-100 Spotlight Presentation, page-9

The key questions...

How can one distinguish whether market cap trends are attributed to sector/macro conditions vs internal issues? You can't definitively.

All you can do is take a fundamental analysis of PTX and the sector.

There's a clear downward trend sector wide, not a unique PTX problem.

PTX-100 is extremely well founded.

PTX-100 data is 3x the median efficacy rate for registrational trial qualification.

Why wouldn't an INVESTOR be optimistic regarding PTX-100?

I can see why a trader may be pessimistic, but an investors perspective can be very different.

The sector is certainly in a slump, only time will reveal which projects will be worthy and which companies will still be funded in 2 or 3 years time.

We wait and see.