64Palms:Yes, I'm still learning about this stock but it's...

64Palms:



Yes, I'm still learning about this stock but it's impressive they've got themselves to phase 3 alone.

Yeah a few of us on here have been with the program for years and it's easy to get frustrated, concentrate more on the negatives and forget some of the good things and times.

We need a freshen up...but I'm also not distracting from the stuff they could've done better yeah? You ain't going to get a stock or a company that just does everything perfectly, perfect timing, has all the good luck and progresses vertically, constantly. It's not going to happen. Have we made more share of mistakes? Maybe....

But I also will not allow anyone to forget all the good stuff that a lot take for granted or just ignore.

So yes it is impressive that we are here today with what, 17 full time staff...with the original founder in place with skin in the game...with AUSTRALIA'S ONLY INFLAMMATORY DRUG at Phase 3 approaching not just FDA but EMA simultaneously!



Sorry my mistake...please let me revoke that last line.....

Not Australia's only...the WORLD's ONLY



We were originally only ever going to be 'mere' pain and function improvement with an immaculate never-before-seen safety profile.

Then we added DM connotations.

Not just biomarkers coming down...but reversing...

Not just structural positive ramifications but we are modifying those internal structures IN 6 MONTHS!!!!

Proven by MRI.


Not in thousands...in fifteen.


Err Mozz, 15 aint much.

I know!!!

no no I mean that's not enough to get excited by.

Yes it is

Why?

SS.

Because of statistical significance and a clinically meaningful (drug effect size)....

This directly translates to the increased chance that our P3 in more numbers is going to show what we all hope and think....


No one knows about us...I ask Docs...I ask physios...I have Anesthetists I talk to...I ask at the OARSI...I ask spinal surgeons.....some have heard, most haven't or are vague. I asked 30 Geriatric specialists , one had heard of it, none knew about the MOA. Not one.


Investors? They are last to know, they will know when we cross $3...or higher...then they will ring me and say Hi Mozz, have we got a stock for you...
currently $3...we have a target for 1 year at $3.30, you just won't believe what they can do.

Nice...thanks for your suggestion.



No Docs can prescribe nothing if you have OA pain....there is NO way to reverse it...try turmeric, try Vit D...see how you go. Pain Killers? We have plenty to choose from, all are bad for you.

Patients? Traverse through the threads here and read their statements. This is the early clues I want...the share disconnected share price is a mere reflection of the market not knowing what's coming and how it is going to come (spec statements, there is risk!) and how we are going to fund this thing.



ps: We are Fast Tracked! That has to be some validation right there.



I cant believe the valuation at the moment.

Neither can we!


Whats caused this drop? Dillution?


I'd need a few screens to answer this properly.
Many reasons....
The big one is lack of cash to continue the P3. As long as this remains unsolved, we will be low. As long as there is a chance of a dilutive raise, it will stay low.



Are there institutions holding?

Yes, I believe there is at least one ... there are others that are circling...




seems like the company hasn't really missed any timelines or any issues in the business.


Yeah this one will cause some debate haha

They have missed a number, some by only a few days, others by months.

But (and maybe I'm a tad bit more forgiving that the norm so you need to hear from others as well) some of the reasons were not only
plausible but they were great!


EG. 008 Program...they stopped it mid way....then restarted it, which was subsequently greatly expanded.

Could they have communicated better at this time? I reckon! But maybe there are reasons we didn't know about at the time as to why they didn't.

At the end of the day it has been a much longer and bumpier ride than most of would've wanted....agreed.

No argument there...but here we are and I look to the future. We now are approaching the last Phase...the last test...I reckon we are in a good position in terms of the trial and what's required. We have an awesome look through (SAS, EAP, Phase 2b)....yes we do need funding but I suspect it will come....from some corner, from some place...it will be a much easier task when we know what is involved and have the $ figure.



Hope that helps





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