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I would like to see this go back to the $2.50 price. I'm in for a 1,000 @.90. Zo is on vacation he's in it a big way. This will make the holidays for him.
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Yesterday morning, on the "over .10 board" I wrote a little blurb on this stock , as well as some other stocks involved in Mad Cow Disease, including a reminder that AIDO is involved in keeping track of animals, so that if they come down with a disease (such as mad cow disease) then the authorities will know all the places that they have been since birth and therefore will know what other animals and feed that they have been around. If you want, you can review what I wrote. Some people in the media are saying that it is no big deal, that it only involved one cow. However, Canada had an incident where they had one mad cow case and the after effects are still reverberating. Other countries have been refusing to accept any cows or beef products from Canada and people over there are questioning their practice of feeding possibly contaminated animal products to their farm animals. We are no different. This may have long term consequences, including having people insist that our animals be monitored and our donated blood supply have the pathogens removed. So even though it is a sad thing that it happened, it may be an opportunity for us to take advantage of. Some of the biggest fortunes have been made by "investing when blood was running in the streets." As always do your own DD.
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I have been researching mad cow disease for years, ever since it showed up in England. One of the first things I found out was that it is produced by prions. They are tiny specks of protein that can not reproduce on their own, but can infect nerve tissue and thus reproduce, but they kill the nerve tissue in the process. They are deadly and can not be killed by cooking. VITX specifically targets and removes prions from contaminated blood, (as well as regular disease germs) so, even though their iterature does not mention mad cow disease or its human equivalent, it means that it is targeting these diseases because only prions produce this group of diseases that turn brains into mush and leaves them pocketed with empty cavities. This is a 100% fatal disease and considering that it is the brain, the persons identity that is eaten away, people are going to fear and loath this disease and demand that something be done about it.
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Did some DD on this stock, overall the financial statements look quite poor (i.e. increase in net loss from 2001 to 2002, decrease in assets blah blah blah) however, this stock seems very interesting especially after its sharp rise with the news. Also if more cases of mad cow do seem to appear, this stock has great potential of shooting up. Im not so good with techs, anyone want to add there insight on how the technicals are looking for this stock?
[This message has been edited by djjunior (edited December 25, 2003).]
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