LTListener
20 hours ago
Unique more in that the pipeline in my opinion has been and currently is extremely undervalued.
The DOD and NIH news and upcoming clinical efforts only solidifies those who had been accumulating long and continued to do so after the DOD announcement. Logic suggests the silence would relate to a financing deal of some level which they stated in 8-k was how they would rectify this EM situation. The tidying up of language on the prefferred is also indicative of money at the door. What shape or form this all takes will be most interesting. I could see a BP take on an equity position as part of a round of financing. I could also see a spin out of some assets similar to OSA program. Their window of opportunity to grow awareness and really become something special with these upcoming clinical trials is fast approaching.
Imagine if they secure some level of financing to support both the DOD phase 2 and NIH epilepsy phase 1. Update all website information, update on all publications and patents, update on collaborations, update on OSA program status and what is holding that up, discuss potential milestones and the lead in's to ADHD, PAIN, orphan indications. Really could be quite a story to tell and help this company sustain 50+/- million valuation that would give all the flexibility in the world to capitalize on acquiring additional resources or exploiting their platforms into additional collaborations/clinical efforts. The ingredients are there, just waiting for the cooks in the kitchen...
LTListener
23 hours ago
I think most investors would disagree with this sentiment.
A publicly traded company has a fiduciary duty to its stakeholders, there are no excuses for lacking in this duty. This includes shareholders, debt holders, preferred, vendors, collaborators, etc, etc. If control individuals were sufficiently well off, then they should have financed these projects without the need to be publicly traded entity and seek investment monies.
Even the best science will be mired in quicksand without supporting business/financial side of it all.
meixatech
23 hours ago
"yet there should be no excuses for this lack of information" On the contrary, the folks in control at RSPI have science mindset and if all currently have sufficiently confrontable personal income, the science comes first. For me over the last 50 years, I have driven my wife crazy where my decisions have principally been science and not money oriented. That position has been successful: we are comfortable, but not wealthy by any means. There are projects I started years ago where my family question these decisions that turned to be a nice income supplement over SS and best of all, I am still about the science; the foundations for me were established many years ago. And most importantly, I am still having a blast! So, guys, be patient. I am convinced the rewards will come when they are ready. All that I have seen indicates it will happen.
LTListener
1 day ago
"I think a successful clinical trial result would be more indicative of that than some funding"
Agreed. Hence the success of CX-1739 in prior clinical trials yielding a now government funded phase 2. They also have this compound or similar slated for ADHD at some point. Clinical success, conducted by very reputable individuals and institutions led it to this point.
Also the NIH preclinicals for KRM-ll-81. It is not every day that a preclinical compound is this successful and results show it to be superior to all in preclinical metrics. Human translation is never a guarantee in drug development, but dang the odds are much much higher and conducted with the NIH and now a reputable consultant group going to handle grant funding management. I think this preclinical success especially for epilepsy would intrigue many a biotech or pharma investor! It does me.
Alas though, this still has the appearance of clowning around on the OTC. The progress of these platforms to this point with minimal resources is commendable, there is significant potential, yet there should be no excuses for this lack of information, it is indeed a failure on the part of management and whatever consul they are given and does a disservice to the assets. Current status should dissappoint all stakeholders.
meixatech
1 day ago
Why are you folks are thinking in pennies? I am thinking in dollars!
CX546: Has been classified as a prototype drug. “Prototypes the first developed drugs within the class and are used as a reference to which all other drugs are compared.”
Impaired learning and memory generated by hyperthyroidism is rescued by restoration of AMPA and NMDA receptors function
Neurobiology of disease PubMed ID: 35777536 Sept 2022
Wei Zhu 1 , Fengming Wu 1 , Jiong Li, Lianghui Meng, Wenjun Zhang, Huijie Zhang, Shuhan Cha, Jifeng Zhang * , Guoqing Guo * Department of Anatomy, Neuroscience Laboratory for Cognitive and Developmental Disorders, Medical College of Jinan University, Guangzhou 510630, China
ABSTRACT Hyperthyroidism has been identified as a risk factor for cognitive disorders. The hippocampus is a key brain region associated with cognitive function, among which excitatory synapse transmission plays an important role in the process of learning and memory. However, the mechanism by which hyperthyroidism leads to cognitive dysfunction through a synaptic mechanism remains unknown. We investigated the synaptic mechanisms in the effects of hyperthyroidism in an animal model that involved repeated injection of triiodothyronine (T3). These mice displayed impaired learning and memory in the Novel object recognition test, Y-maze test, and Morris Water Maze test, as well as elevated anxiety in the elevated plus maze. Mature dendritic spines in the hippo campal CA1 region of hyperthyroid mice were significantly decreased, accompanied by decreased level of AMPA and NMDA-type glutamate receptors in the hippocampus. In primary cultured hippocampal neurons, levels of AMPA- and NMDA-type glutamate receptors also decreased and whole-cell patch-clamp recording revealed that excitatory synaptic function was obviously attenuated after T3 treatment. Notably, pharmacological activation of AMPAR or NMDAR by intraperitoneal injection of CX546, an AMPAR agonist, or NMDA, an NMDAR agonist can restore excitatory synaptic function and corrected impaired learning and memory deficit in hyperthyroid mice. Together, our findings uncovered a previously unrecognized AMPAR and NMDAR-dependent mechanism involved in regulating hippocampal excitatory synaptic transmission and learning and memory disorders in hyperthyroidism.
loanranger
2 days ago
You got cute andlscoffed at CYBL saying "They got 33m in assets also 33m in lability’s lol."
At 6/30/24 they had $52M in Assets and $32 M in liabilities.
Meanwhile RSPI's latest filing as of 9/30/23 showed them having $108,664 in Assets and $12,405,118 in Liabilities.
Your inability to read a financial statement led you to make a comparison that was both false and against your own interests. Even if it were true it would have shown CYBL to have a far healthier Balance Sheet than this Company has.
Of course your fallback position is "It doesn't matter" but it does. IF, and it's a BIG IF,\ the CFO is being truthful when he says that the debt due to the Company's Auditors is the reason the filings haven't been made, the lack of cash ($6,362) at 9/30/23 is a failure of management and only a fool would be loling at another Company's working capital position when it is far better than RSPI's.
Any sane investor that looks at $.0013 and Expert Market and filings that are overdue by a year shouldn't need to know anything else. The pipeline has been a figment of the future since the Company was created.
Enjoy your denial Menace.
loanranger
2 days ago
"Talking about cybl"
I knew that and I was talking about CYBL when I posted. That should have been obvious from my response. .
You said that "They got 33m in assets also 33m in lability’s lol."
I'll ask again:
Are you reading that in CYBL's latest Balance Sheet as of 6/30/24 as filed with OTCMarkets? If so, you're reading it incorrectly. VERY incorrectly. Read it again or ask for help reading it.
I guess I need to ask this again, too:
Have you looked at RSPI's latest 10Q filing (as of 9/30/23)? Their Balance Sheet showed $108,664 in Assets and $12,405,118 in Liabilities. lol
Call me all the names you like but try to put together a cogent response.