Biocrst's market cap is more "disgusting" now, hitting $400m....

Biocrst's market cap is more "disgusting" now, hitting $400m.

Now it looks more like that Biota just moved from smaller "sand pit" to be better buried in the larger "sand pit".

Yahoo finance has stopped updating Biota's financial Statements since the merger. What is biota doing to promote biota to the market? It is funny that the the new CEO, RP told shareholders that potential investors could not get enough liquidity of BOTA to get in.

By the way, it is now more clear that the two takeovers that pc did back in 2009-2010 were completely waste of money and still become big burdens on Biota. Biota was never in a ready position for taking over other business. All the merger and takeovers were done mainly due to a simple reason: deals can bring more cash bonus and free shares, and make free share options become vested irrespective of the share price performance.


Just my thoughts.