a very solid average and yes, there are the DT and T+3d'ers that will get burnt.
makes me laugh at the comments about cash flow and there needing to be a CR or other cash injection.
As I posted b4, the majors like ROCHE, PFIZER and others are not interested one little bit about the cash position of PYC.
Because the major drug companies have plenty of their own cash. they are interested in gain access to cheap ground breaking technologies at the ground floor. The mile stone payments are chicken feed for the majors, but major news for PYC and its shareholders.
It is quite common for major partners to advance payments. They are interested in the potential of the technology.
And what a potential it is.
Just because majors are signing on does not automatically validate this technology, but they would not be there if there were not some solid indicators. ROCHE, Medimmune, PFIZER are not like Blackmores.....LOL, its the very serious end of town.
DYOR, good luck to all holders.
PYC Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held
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