Tuesday, March 18, 2014

The BiotechInvestor Inbox - What do you think of Provectus (PVCT)?


What do you think of Provectus (PVCT)? Legit or snake oil? Moffitt Cancer Center thinks legit.

Thank you for the question EJ.  I'm not investing in Provectus.  I'm not sure about snake oil, but I don't invest a company with a $366 million market cap, no large pharma partner, traded on the OTC bulletin board, only $15 million in cash, and only 4 employees working for the company with their pay listed as $1.19 million EACH under yahoo's profile page which is ridiculous for a company of this size and in the development stage.  There are much better places to put my money and I'm definitely not going to put it in these guys pockets. 

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