Re: No investor forum is an island.....trying to get Joe_Retail back on SH
posted on
Jul 11, 2015 11:01AM
Hi Koo.
I hope we all understand that this sector, much like mining exploration and various commodities, as well as software app development, etc is high risk/high reward investing. Anyone invested in RVX better realize the game they are playing in and had better not be in this game with their core assets in their investment portfolio. This area of investment is about taking a chance with the top 2% of an investment portfolio. I thought that everyone on this board would understand this clearly.
However, I agree completely with you re Eastern, NGN and Hepalink and there will probably soon be another regional partner and then I think a domino effect.
rvx-208 is a drug that has been approved for BETonMACE ph lll in the EU, which incidently has a 2014 GDP of 18 trillion USA$ as estimated by the IMF...larger than the USA which stands at 17 trillion $.
The BETonMACE phase lll trial will be approved soon for China and this gives access to a GDP of $10.4 trillion(USA) and that is just China.
So essentially rvx-208 already has access to markets totaling 37.3% of the world's GDP and that excludes the USA.
There is still a probability that BETonMACE will be approved for BETonMACE phase lll by the FDA and/or an orpham trial.
A couple of months ago one of the science posters said that the when a drug gets to phase lll trials there is a 70% chance of success in the drug going to market. I have no idea if this is true but it would be easy to find out.
It is the MACE results along with the billionaires and NGN that keep me invested.
I would say to anyone that does not have the wear-with-all to be in this game then stay clear. I've been in it a long time and I'm going to stay the course because I realize the potential gains for this aspect of my portfilio.
So DYODD and GLTA.
Cheers
Toinv :)