Friday, January 13, 2023

Truth

If you tell the truth you do not have to remember anything, Mark Twain

This story was never going to end well for protagonists going out of their way to separate capital from markets with tall tales of a pill for insulin that doubled as a delivery system for a Covid 19 vaccine. The convenience is that Oramed had proven neither but swallowed $200 million from capital markets on the promise to do so


The journey has been captured in over 20 posts since 2020 with each passing quarterly report, sec filing, and the actors acts of commission and omission delivered with the aplomb of choir boys cantering off with the vestibule. The conspirators had not met a proverbial microphone from which to shy but clearly should have.


The pill for insulin met a dusty death 11 January 2023. Presumably the non trials for the Covid 19 vaccine continue in jurisdictions other than the United States.


The journey writ large is summarized here and in time will be memorialized in a more readable book.


The float has traded in two days.






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