In Phase II Clinical Trials
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Message: End of phase II milestone payment
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Re: End of phase II milestone payment

posted on Mar 21, 08 11:21AM

I have to confess, myself and another friend frequently buy 1000 or similar shares towards the end of the day to keep from being depressed at night. I bought the 1K at .15. I believe it was the only sale of the day. However, I guess I don't understand bid & asked very well as the seller immediately lowers the ask after this type of sale. If someone had just paid .15,why would another guy accept .12 shortly thereafter. I thought the electronics would keep the asked at that level until something else happened.

Whatever, I believe Mr Lee and possibly his Chinese buddies are waiting for the listing on the TSX to be approved. If I'm not mistaken, they filed the final response as early as yesterday. There is a limit on what percentage of the company can be owned on the TSX, at least when the listing begins. Also, I believe we're not getting any PR right now because the previous dissemination of press releases a few months ago by one firm was a trial period that expired.

In my opinion, it would be fine to see more buying but I'd be happier to see the Phase lll begin. I imagine that will happen soon as Michael Walsh of Proprius gets 20M from Cypress at the beginning or end of phase lll. 

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