wtf is going with HISTOGEN phase 2b?

[deuce]

Source?

+1

[hellouser]

+1

+2

[whateva]

Stratus media 10-Q filed yesterday

[Dazza]

Stratus media 10-Q filed yesterday

Stratus has suspended development of its past businesses, including ProElite, and, contingent on sufficient capital, is seeking acquisitions. On October 4, 2013, the Company and Histogen, Inc. ("Histogen") executed a non-binding letter of intent pursuant to which the Company agreed to acquire all of the capital stock of Histogen for 350,000,000 pre-reverse split shares of the Company's common stock. Discussions regarding this potential acquisition have halted and the Company does not intend to further pursue this potential acquisition.

[cp9]

Sooo.. what does this mean?? Everything's put on hold? Or they're carrying on without the merger anyway?

[Kiwi]

Stratus has suspended development of its past businesses, including ProElite, and, contingent on sufficient capital, is seeking acquisitions. On October 4, 2013, the Company and Histogen, Inc. ("Histogen") executed a non-binding letter of intent pursuant to which the Company agreed to acquire all of the capital stock of Histogen for 350,000,000 pre-reverse split shares of the Company's common stock. Discussions regarding this potential acquisition have halted and the Company does not intend to further pursue this potential acquisition.

Whew. I was worried they bought Histogen and were going to shut it down.

But that's not what this says. This says that they have a non-binding (whew) agreement.

Whew!!!

It could mean anything.

It doesn't mean the Histogen solution is any less awesome

[Desmond84]

Stratus has suspended development of its past businesses, including ProElite, and, contingent on sufficient capital, is seeking acquisitions. On October 4, 2013, the Company and Histogen, Inc. ("Histogen") executed a non-binding letter of intent pursuant to which the Company agreed to acquire all of the capital stock of Histogen for 350,000,000 pre-reverse split shares of the Company's common stock. Discussions regarding this potential acquisition have halted and the Company does not intend to further pursue this potential acquisition.

Oh No! RestoreGeneX isn't gonna happen?...man, Histogen is such a better solution to Minoxidil. Two treatments and you wont have to worry about hairloss progression for at least 12 months!

What is wrong with investors??? Histogen will kill Regaine within months!!!

[Pentarou]

It doesn't matter how awesome the solution is if the company doesn't have the finances to get the product through trials and to market release. We all need to recognise the fact that any of these treatments in the pipeline could vanish like Aderans did.

[Vox]

We all need to recognise the fact that any of these treatments in the pipeline could vanish like Aderans did.

Yes, but this thought must remain in the back of our mind, not forth.

[Scientalk56]

It doesn't matter how awesome the solution is if the company doesn't have the finances to get the product through trials and to market release. We all need to recognise the fact that any of these treatments in the pipeline could vanish like Aderans did.

Sadly, you are right! :S

[Pentarou]

In reality, we'll be lucky if one of these treatments ever makes it. That's so crushingly depressing to mentally acknowledge and type out, but there you go.

[garethbale]

Where is the actual info about Histogen?

I can't see anything on their website

[Duke]

Can someone tell me how Histogen was funded in the first place?

Why cant we find anything on their website regarding this??

Histogen must not die!!!

[Sogeking]

Great... Just great... We just can't get a break... **** me..........

[HairBane]

Hmm interesting that they're not going through with the reverse merger. Perhaps someone who's in contact with Gail could email her and ask what's going on? I wonder how else they could get funding, they're obviously in need.