Mr. Proulx has stated that they have all ready been contacted by prospective manufacturing partners some time back, but just the feeling out stage stuff. He believes that they'll make their play once the tech has been derisked. That will be in 6 months. They are funded well past 6 months. Expect that manufacturing partner to replace that "cash raise" with a substantial cash infusion upon signing a deal. In that last slide presentation I posted up here less than a month ago, Proulx was addressing the "why hasn't iron oxide nanoparticles been approved as a contrast agent yet" question. He then listed his key reasons why. Ask yourself why is he talking about that now? Oh yeah, he knows the early results of that 1/2 of current FIH study with Siemens. Remember, the contrast agent market is worth 2 Billion dollars a year, and a worthy replacement is being sought out right now. Yes, much too consider. Remember, those sitting out want your shares for cheap, don't fall for it, your smarter than that, aren't you?
IBX Price at posting:
7.8¢ Sentiment: Hold Disclosure: Held
