» when i post about HM i am not negative, i am skeptical, have always been,
» and have been called a troublemaker for it
»
» you are not delusional? the company just came out and said they will not
» continue to fund trials. If the results were promising , they WOULD
» CONTINUE TO FUND TRIALS
»
» they KNOW how much phase three costs, and have always known this. It is
» not a secret. If the problem was , that they had no money for phase three
» trials, this also would have been known to them all along, they did not
» all of the sudden discover they cannot afford phase three and needed a
» partner. That is what stockholders are PARTNERS, they invest in companies
» so that the company can afford to expand, and if the company is successful
» the stockholders get paid back through dividends or increased stock price.
»
»
» This we need a partner is total bs,
You have obviously been called a trouble maker for provoking people all the time.
you can see what I think about TRC in the ‘high dose results are worse than low dose thread’. If you still want to call me delusional fine then if thats what you think it obviously must be true.
All you have done is further confirm everything I have said in my previous post.
“the company just came out and said they will not continue to fund trials. If the results were promising , they WOULD CONTINUE TO FUND TRIALS”
No they said they wouldn’t fund phase III or commercialization unless they get a partner. If they get a partner there will probably be phase III.
“they KNOW how much phase three costs, and have always known this. It is
not a secret. If the problem was , that they had no money for phase three
trials, this also would have been known to them all along, they did not
all of the sudden discover they cannot afford phase three and needed a
partner.”
I wasn’t aware that there was a set price for a phase III trial, maybe you can enlighten me?
Companies make losses, ICX made quite a big loss last year, subsequently this could leave them with very little money to continue with another trial…they are running out of money!
They could very well have only recently realized that they are going to need more money for phase III, of course this is just a guess, how do you know they would have known all along. Thats like saying this time next year I’m going to be a millionaire, or next year I’m going to be broke.
They could have come across some unexpected setbacks, it could have cost more than they thought? we will never know.
“That is what stockholders are PARTNERS, they invest in companies
so that the company can afford to expand, and if the company is successful
the stockholders get paid back through dividends or increased stock price.”
Yes your right, but what if these companies that initially invested find out that ICX is losing more money than it can make? they could refuse to invest more and demand to start seeing some return! which inturn would force ICX too look elsewhere !
This is just a guess off course and the fact of the matter is neither of us know the truth.