Hi Spade
thanks for your email.
$60m is still a very large market cap for a pre-revenue company with no Line-of-sight of revenue.
Also I don't see to have a great deal of unique IP to justify that price tag.
Let's see - but I think they should do one of two things:
1) Get some novel IP and create a regulatory pathway to a registered pharmaceutical product
2) Create recurring sales
At the moment I see minimal sales and nothing unique about their products.
Thanks
Stephanie
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Hi Spadethanks for your email.$60m is still a very large market...
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