Biologixhair - This might be good news!!

[KO1]

Sounds like total snake oil.

[thatkidd]

Yeah, wtf how has noone even heard about this before? They have testimonials and everything, I would have figured someone would have heard of it by now...

Oh well, I guess we will know in 4 months ha

Their stock price has quadrupled in the past 6 months...but within the past couple of weeks it has declined significantly...

[yeahyeahyeah]

Hahahahah, and upon doing a little research, that is exactly what this company is! They just filed an 8-k regarding the unregistered sale of securities and the granting of millions of stock options to employees.

What does this mean in lay man terms?

[x4342]

What does this mean in lay man terms?

It gives them an easy way to cash out by dumping shares (BLGX) on the open market. They currently have a market capitalization of $158 million and are valued at approximately 10 times (!) what they were last fall. Looks like a classic pump and dump. A few buzz words and the stock goes flying. "Hair regrowth." "Cure for baldness" etc.

[FearTheLoss]

Wow, I did not know that this company went public. Their market cap is 10x larger than RepliCel too lol. Something tells me that this company is not much more than a huge scam for the "founders" to cash in on millions of dollars from naive investors, much like RepliCel.

like replicel? do you live in a cave? replicel is probably the best chance we have at a cure in the next 10 years.

[Thinning87]

It's the usual negativity wave, nothing you can do about it, people will start saying that all these companies were scams designed to take investors' money and the cure will never be found.

Nothing sadder than seeing people getting so emotional and irrational as soon as something goes wrong.

[FearTheLoss]

hmm...this is very interesting...

Dr. Yates is advertising this on his website now...

http://www.dryateshairscience.com/no...tions/biologix

[garethbale]

hmm...this is very interesting...

Dr. Yates is advertising this on his website now...

http://www.dryateshairscience.com/no...tions/biologix

Is he a reputable doctor?

[FearTheLoss]

Is he a reputable doctor?

Yes he is an ABHRS, AHLA, ISHRS, and IAHRS member..so I would say very reputable.

[kphilly]

hmm...this is very interesting...

Dr. Yates is advertising this on his website now...

http://www.dryateshairscience.com/no...tions/biologix

Ziering and Baumann are also on their medical advisory board. From what I've read, they are pretty reputable too. I'm a woman who's had diffuse loss for the past 4 years due to low thyroid/hormonal imbalance. I don't know how good the treatment is for slick balding men, but it seems to work well on diffuse loss. Definitely considering it.