Daré Bioscience, Inc. (DARE) Social Stream
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$DARE It’s funny to see newbies in here so attached to the Gates grant. You can tell they chased the news and didn’t do their DD on the company.JJ03, published August 14, 2021
LARC-1 is being designed to be an extremely low cost long term contraceptive. It’s purpose is to be obtainable for the poorest people on the planet. It’s been in design since 2013 l, it’s still in design stage. This is the 2nd grant from Gates foundation. If this device gets approval, the main contingency tied to it is that it “be made affordable to all”.
This is the least likely “catalyst” to get shareholder’s value.
Dare has much more juicy and current catalyst going on.
All these “smart” traders who chased Gates grant PR have no idea what they are investing in.
Sabrina said they will use the ATM to raise cash to take away some of their vulnerability when negotiating BV-1 commercialization agreement.
Who cares about the Gates grant. It’s a pet project and off the path of the yellow brick road.
The PR was used as a pump to raise $$$