Re: Apabetalone’s Positive Effect on Hospitalized Patients Involving HF - simple suggestion
posted on
Jan 13, 2021 03:47PM
"I don't think a US listing is a magic bullet but it can unlock huge value if done properly. To me before a US listing there needs to be a clear path forward both clinically and financially so that investors have strong, real reasons to embrace the new listing. "
Here is a simple path forward:
1. Immediate 10 for 1 roll-back/share consolidation (approx. 30 million shares post consolidation)
2. Apply for NASDAQ listing.
3. Find a reputable/experienced US broker dealer.
4. Arrange for immediate $175M (USD) share issue through said broker dealer (so $approx $350 - 375M USD market cap post financing)
5. Explain to the market this is to fund a 4500 patient Phase 3b CVOT with interim efficacy analysis (as part of the BTD).
6. The value proposition/payoff upon successful interim analysis would be worth several $B USD. (pick a number)
7. Announce the trial starts July 2021.
8. Damn the torpedos, full steam ahead. Screw this tepid s**t. We need a bold move.