Re: GRAS as I understand it -- Part Two - Geoff
posted on
Oct 28, 2006 05:23AM
Hi Geoff,
Thanks for taking the time to research the GRAS process, and also for taking the time to analyze how Agrastim fits into that process.
There were a lot of great reasons to get excited about NCS, and I think there may be similar reasons why an investor might get excited about Agrastim.
As I have stated before, I think any long would question overly optimistic information which may, or may not, be relevant to the commercial success of this new venture. To me it would be tough to justify any type of investment without a short term record of reasonalbe financial success. All of the monkey business with different companies and mysterious financing deals leaves me feeling pretty empty. I might look at this all a lot differently had I not experienced losses in 6-figures. I take responsibility for my decisions; however, I also learned a great deal from those decisions.
And just as a side note, I contacted Mid South feeds by email last week. I expressed an interest in knowing which of their products were being produced using Agrastim. I also explained my interest was in line with my investment in Vyta/Biogra. After my second email, I received a reply requesting my phone number so that Tommy Flanders (the person quoted in the earlier press release) could call me. I respectfully responded that I was only interested in information that could be shared in writing. I heard nothing more after my email.
Thanks again for your time and expertise.
Jeff