Ann: PAR Successful Placement and Fully Underwritten ANREO, page-3

What a load of rubbish. All that hinted partnership talk exactly that, just a load of talk.

I got lucky on timing last year (not thinking, it was so obviously coming) and sold out just ahead of the cap raise after a trial results rally. That another raise being done here some 14 months later at $0.43 vs $1.30 a share (which was a ridiculous discount to the $1.985 closing price then) is a reflection of PR's mis-management.

PR clearly thought he was getting another rally on the recent dosage and MRI insights and it was muted.

Sorry, great technology but appalling moving of guided timelines and appalling communication of those movements and other important aspects of pursued regulatory and commercial pathways in his history (the 'fireside chat' still irks) and a complete failure to blossom seed NFL ALumni interest into any US partnership interest.

I mean only 20% of Americans over 45-years old affected with knee OA...fish in a barrel anyone?

Sorry long term Paul Rennie admirers, but his record speaks for itself and about grade 3 on a knee OA equivalence:

Grade 3: Moderate OA. Frequent pain during movement, joint stiffness will also be more present, especially after sitting for long periods and in the morning. The cartilage between the bones shows obvious damage, and the space between the bones is getting smaller.

Grade 3: Moderate CEO incompetence. Frequent share pain caused during off hand commentary; obtuse stiffness will be even more present under criticism; especially after sitting for long periods in morning online US partnership meetings getting nowhere. The good will between investors and executives shows obvious damage, and the accord between the two is getting smaller.

Seriously, the guy has been alluding to partnerships for ages and that he cannot muster one on this treatment gem is rubbish.