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Forum - Wall Street Pit (LIGHTLAKE THERA - LLTP)    Stock Due Diligence for All

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From: chikhat (Rep: 59)Date: 11/19/2015 10:03
Forum: Wall Street Pit - Msg #2582111 - List LLTP msgs Thread #673795816 (Rec: 0)
holy crap !! FDA approval for opioid overdose and the O/S and float are less than 2 million shares. Market cap of $19 million and $55 million in possible milestones plus double digit royalties. An OTC stock, so absolutely no one knows about this company, but if they generate just $2 million in net income, that's EPS of $1.00 or at least a $30 stock price. Take that number to $5 million in net income and you have EPS of $2.50 ... insane .... Do you have any idea how many pharma companies are trying to get FDA approval for opioid addiction and what their insane market caps are ? This can't remain a secret forever IMO .........

http://finance.yahoo.com/news/narcan-r-naloxone-hydrochloride-nasal-133000479.html

Here's Adapt Pharma's PR, the company that license the drug ........

http://www.adaptpharma.com/press-releases

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