The Conf call, page-129

Alexium was formed in 2010 but the real action began four years ago in August 2013 almost to the day when Alexium broke out and at the time it was a promising idea but not a stand alone viable business with no income other than some grants and raising capital raising from time to time. The SP took off and the hot money poured in and over the next 12 months or so the SP went through the roof and the stock was way overpriced.

Subsequently reality kicked in and it has taken a couple of years for the SP to realign to the evolving state of the business - now we have a burgeoning business and not just an idea, with a range of disruptive patented chemistries and now cash flow positive (it isn't a cash burner these days) and a promising future. It is easy to look at a chart and pass judgement (this coming from a TA person too) but I suggest that it also might be worth doing some research to get the a handle on the underlying business and its progress and prospects. I certainly believe it is going to make a lot of money too.