This week, I mean not to be a financial advisor for penny stocks. For years I’ve followed Warren Buffet’s advice to purchase stock of quality companies. But if Sir Frederick Banting, the Canadian discoverer of insulin, knew what was happening in Canada, he’d roll over in his grave. So I purchased penny shares in a company to combat the loss of a momentous Canadian discovery into foreign hands. I also hope it will make a charity richer.
How luck plays a momentous role in our lives! In this case, just by chance, I met the President of Eastgate Biotech Corp. I learned this small company had been involved in an attempt to do what researchers around the world had failed to do. Namely, to develop an insulin pill that would relieve diabetes patients from the daily need of insulin injections to lower blood sugar.
