The end of July is approaching and once again, Navidea will be faced with the decision of exercising the agreement with Alseres. It's interesting to note that the price of a NAVB share was $2.70 when this option was first offered to Navidea. Today the share price is $4.52. This would make a world of difference to Alseres, who would get 400,000 NAVB shares upon the exercise of the option plus 1 million more shares if a product reaches the market.
But none of the above has had an effect on Alseres stock this year. Still lingering in the 10 to 15 cent range and still worth a (risky) bet.