Biotech103
Sep 11, 9:59 PM
$CNXU this is the story here. They have no FDA and when they do get an FDA it will be a 510 K for a topical type of indication. They are talking about an indication for GLP face, which is a much longer PMA that will cost millions and millions of dollars and could take 5 to 10 years. That’s where I think the advertising here is shady. In the meantime, they have no revenue. They will need to burn millions and millions of dollars and the only thing they have to fund all of this is stock. This is going to $.10 very quickly.
0 replies