Thank you for the post and the call.
The problem I have with Mackie and Wolgen is that they keep using the word "intention," which strategically can be used as a defense against legal action. In every single mention of the IND throughout 2008, they used the word "intend" or "intention." This is not an accident.
WHen you're going to do something, you don't "intend" to do it. You just do it.
If someone asks me if I am going to the store, I don't say, "I intend to go to the store." I say, "Yes, I'm going to the store."
"We are going to file the IND by the end of 2008." That is the language of a company that is going to do it. With just 9 trading days remaining, it's a little late to "intend" to do.
Do it or get off the pot already.
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