This meeting scheduled with the FDA has to happen regardless of the results. Misleading investors is not their intention. I spoke to the company yesterday. The new hires in my mind is a strong indication that they're confident of results otherwise they wouldn't bother hiring them (or not hiring them) until after the phase 2 acne results are out.
The closer we get to October strength will pick up again. Was nice to get an indication of when results will be released, but now gives traders an opportunity to play with it.
I have a buy order in, let's see if it gets hit before October.
Ann: Botanix Investor Presentation, page-81
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