Ann: Botanix Presents at Fall Clinical Dermatology Conference, page-37

also a lot of Biotechs have recovered, I can imagine the Insto who came in at 11c is wondering when they will see break even,, we still have the churn to deal with when the SP recovers over 11c.. Management sure devalued the Progress that had been made to date,,, 18.5c high on progress and now the market see BOT as a serial CR button pusher,, mind you at least there is enough in the Kitty to keep them all well paid, I will be buying if we hit low 7c and will load up the truck if the SP slides to the 6c range.... then can still unload under the Insto saturating the market with their 139,000,000 shares....I still estimate a 6 week churn time as they were selling 3m to 5m per day , mind you Volume has reduced on BOT so could take a little longer...
BOT also has quite a few retail investors,,most of us here,, so Christmas can be a toll and most sell the poorest performing stock to receive a cash injection of funds,, a hit to the wider market will see a further fall,,non revenuing companys' are the ones getting spanked ...