Do you really think this company can pull this off, page-18

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02/07/20

21:56

Post #: 45611104
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Originally posted by Justanovice: ↑

Feels like we’re in a promising place at the moment:

- A couple of announcements due in the coming month. (Possible fast track status for anti-microbial on the back of QIDP, commencement of AM trial, acne meeting and possible funding partner for phase 3).

- Now at least 6 studies done independently of each other demonstrating efficacy of CBD as an anti-microbial with fairly consistent results plus some showing it’s effectiveness as a “helper” of traditional antibiotics. OK human trials are yet to be proven but a pretty damn good starting point.

- An ever-increasing urgency in the need to tackle antibiotic resistance, particularly post Coronavirus.

- Patents lodged for other antibacterial applications and investigations being made into alternative applications and methods of administration.

- Now precisely zero short positions (this may or may not mean much, but it’s always safe to assume that there are some brokers or individuals with just that little bit more insight) and a massive contrast to where they were in early October.

- For several weeks and on a daily basis there seems to have been some reasonably steady accumulation after the bell.

- Even the less positive commentators have changed the tone a bit!

Fingers crossed our judgement is correct and we soon see some positive developments.

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Zero Shorts...Interesting.

BOT Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
4 Upvote

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Do you really think this company can pull this off, page-18

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