Jan. 13 at 8:43 PM
$EVTV
Still Bullish but I jumped out a little early to move my profits into
$IXHL .
They’ve created a first of its kind pill (IHL-42X) to treat Sleep Apnea, which affects over 1 billion people worldwide.
It’s been proven to have 83% efficacy with ZERO side effects and has been FDA fast-tracked for Phase 3.
IXHL cancelled 350 million warrants and announced the option to exercise a
$20M buyback.
IHXL has
$70M in cash on hand, which is plenty to get this drug through phase 3 and they very recently accelerated vesting its board members.
Marijuana was just rescheduled (III) for pharmaceutical purposes, and IXHL owns 19 related patents with 23 more pending, which makes it the largest patented medical marijuana portfolio in the world.
Its stock is currently undervalued by 6X and is due for rerate.
AGM is scheduled for Thursday.
Lots of speculation about a merger or buyout.
Potential suitors are
$RMD,
$LLY,
$JAZZ, etc.. with RMD having the most to lose. (CPAP machine maker.)
Go check em out
