Sorry mate but some of those conclusions are not that logical.
There is absolutely no evidence that there are concrete negotiations underway. MM failing to pull the trigger on a CR is not evidence of any commercial deal being negotiated (same argument in the last CR we should all recall). Also, the delay in announcing a CR is not evidence that one is not coming - logic would indicate that one has to happen. It may even indicate a bit of desperation in the current SP and that FOMO or the release of a final report would increase the SP before pulling the trigger.
Not sure if I would take anything from BIT at face value - Shareholders have to look at the historical statements that have failed to be realised.
TALKING to third parties is what all biotech companies do constantly- and that does not equate to "negotiating" anything. There is no evidence that BP played any part in the trials - Your assertion that the phase 2 trial was done at the behest of a BP is actually a misleading assumption. If a BP was involved, they would have involved some financial arrangement - that has not happened. No company can force another to fork out millions of dollars on a trial without giving some financial assistance in that trial.
I understand that you are enthusiastic but it is not wise to ignore ALL the facts. It is also risky to create an alternative universe where a company is operating in.
You have made several assumptions that just don't stack up in the real world. You are simply ramping.
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