BIT 4.55% 2.3¢ biotron limited

Bill Gates &MG Foundation &BIOTRON, page-177

  1. 3,613 Posts.
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    You really should have put me on ignore, but as you persist I must change tact & answer you in a way even you may understand. To accomplish this I must borrow the words of a master poster, J8, who deals with people as thick as you.
    Borrowed without permission from J8-
    " I'll try to be nice
    I am allowed to comment at will
    Go get stuffed
    I comment as I see fit "
    Now back to Biotron -- Well I think they are buggered
    -- they have come to a dead end.
    Fact--they need to go to the next phase of testing ie 2b or phase 111.
    Fact--this costs a lot of money -- more than they have.
    Fact -- No one has offered any interest in paying for this despite presenting their data to everyone who will listen, - they have been trying for years, everyone in the industry is familiar with BIT225 by now & have not been willing to invest in it.
    Fact-- So Biotron would have to pay for it themselves (which, of cause, they don't want to do). To do this they would have to do yet another CR.
    Not fact but my opinion -- Biotron will not risk diluting the SP more & spend their entire savings on a gamble of success, - too big a risk for them, -- So they have come to the end of the line.
 
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