Copy of my post from SS...Also from The West...The chart tells...

Copy of my post from SS...Also from The West...

The chart tells it all...

http://www.wabusinessnews.com.au/en-story/1/61521/Today-s-Business-Headlines

US group throws troubled pSivida $83m lifeline
US pharmaceuticals group Alimera Sciences has thrown Perth-founded biotech pSivida a lifeline by agreeing to amend its licence and collaboration deal by taking an extra 30 per cent stake, delivering the cash strapped outfit up to $83 million over four years.
The West


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Brantley

Posted Monday 17/03/08 04:31pm
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In reply to: gungho on Monday 17/03/08 11:57am

Hi gungho,

"The reason I invest in biotech's is for the Blue Sky potential"


The "Blue Sky potential left when the great god GR left the building with his millions. PSD has been struggling ever since. Trying all types of creative financing that have only caused more problems. This is just another attempt to hang-on. They have tied a knot at the end of their rope and are hanging on. JMHO

I still hold a small amount only to follow this sad story to it's end. LOL

Cheers,
Brantley