True. Though that is assuming that Gilead sees any value in BIT.
$20mil is still $20mil and those big BPs don't get big by throwing money around if there is no prospect of a return on their investment.
The hard truth is that BP has not seen any value in BIT"s endeavours so far. With no current research underway, it is hard to see that changing too much over the next 12 months.
There is only so much that C14 can buff up an old clunker - even used car salesmen would find that a hard chore.
BIT Price at posting:
1.8¢ Sentiment: Sell Disclosure: Not Held
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