Apr. 16 at 3:30 PM
$VTGN Any good CEO already has a contingency plan in place in case data is not good. Most likely they are already in talks for some sort of strategic alt deal if the data is meh.
$RLYB did it,
$CYCN did it,
$BRNS did it,
$NEUP did it, all behind the scenes while waiting on data and continuing business as usual.
With 60m cash on hand Dec 31, and likely 45m+ on hand today we are trading at over 1/2 cash value. Any binary announcement likely has limited downside and loads of upside. Again, no matter the result here I still think it is a asymmetrical risk/reward situation. Risk -30% to possibly gain 100%+ Do your own DD of course but I've loaded up the boat.
Options:
A). Data is good, stock pumps
B). Data is bad, announce strat alt review , stock rebounds to near current levels
C). Reverse merger deal out of nowhere, stock explodes based on cash position. Look at
$RLYB $CYCN $BRNS etc. All of them happened out of nowhere.
