Apr. 1 at 3:50 AM
$CLGN Aesthetic Wellness is one of the fastest growing markets; this firm has a development deal with
$ABBV yet can't get any interest; reminds me of
$LCTX which has a development deal with
$RHHBY for GA; these firms get tiny milestone payments and just sit there waiting, hoping, and praying for these big firms to fully commit. They can take YEARS. And, you wonder if firm's like Abbvie and Roche don't just play the long game on purpose, eventually being able to pick up these micro-cap firm assets on the cheap once either these firms file for bankruptcy or dilute themselves so much because the shorts / naked shorts just pound them relentless until they are forced to de-list. Firms like these micro-cap ones MUST have really strong CFO's to raise way more than what's needed - Years Worth of Cash - in the period right after the initial partnership announcement spike. Otherwise, surviving the waiting game is a serious challenge.