3SOF

AxonyX Inc (AXYX)

Axonyx, Inc. is a U.S. biotechnology company that discovers, develops, and acquires proprietary pharmaceutical compounds and new technologies. The Company's compounds and technologies are used to treat cognitive disorders, including Alzheimer's Disease. The stock has been creating a buzz with its recent conference presentations. Also released a pr reporting data suggesting that the company's Phenserine product helps stabilize brain volume, increase neuron activity, and ups brain glucose metabolism.

any idea on how this thing might/ should react. i feel like it is good news since the original  announcement of the coke deal tanked the shares. Bravo is still getting the distribution, which is probably all they wanted anyway, and get to keep their shares from being sold at 25c a share. On the bad side, why wouldn't coke execute the loi? the only thing i can think of is that since bravo has done a lot of questionable financing deals, coke didn't want to pick up the risk. either that or coke found something else about the company that they don't agree with. anyway, your thoughts?