Re: Hello fellow investors
in response to
by
posted on
May 30, 2009 01:26PM
BioCurex's RECAF(tm) marker is found in all types of major cancers
You present some very good questions, of course we all want more clarification but, as we know Dr. Moro can not legally disclose any details until they are concrete and released by the licensee. We don't want another April 2004 incident. We do know Abbott nor Inverness have not returned their license. Unfortunately we don't how much progress either comapny has made or what strategies they are pursusing to advance Recaf. Dr. Moro is a very busy man right now and we can only hope to hear some good news in the near term. He does owe us an update relative to the progress made in China.
I did a little digging today and ran across the following on the past history of the share price:
Date Open High Low Close
06-11-01 4.05 5.5 3.95 5.3
04-06-04 2.55 3.9 2.3 2.8 (25,788,900 shares trade)
I was aware of the April, 2004 spike but, wasn't aware of the peak reached in 2001. It should also be noted the closing share price on April 2, 2005 for Biocurex was .54/share. Historically Biocurex also made dramatic upward moves in a short period of time as envidenced in April of 2004 and no doubt can make similar moves again. We must have something concrete in order for that to happen. Historically in most cases the share price usually moves up on a news release but, without any revenue or mutiple news release the share price always drifts back down to unfavorable lows.
I also added the proceeds made from the sale of shares from April, 2004 - March, 2009 by the three doctors and the results are:
Moro - $46,421
Wittenberg - $148,367.90 ($112,450 made April 05, 2004)
Gold - $62,300
As you can see from the data above, Dr. Moro made less than the other two doctors selling shares and no doubt has devoted his life and time to moving Biocurex toward commercialization. I would also beg to differ with Goldseeker's repeated claims regarding his accusation about Dr. Moro running a scam on share holders. If he were truly trying to scam investors why not sale a chunk of shares in April of 2004 like Wittenberg?