I believe MXC would have no choice but to withdraw the "COVID-19" claim eventually due to the aforementioned reasons pronounced by ASX:
1. MXC has no prior experience/history engaging into COVID-19 related activities.
2. The link between the drug delivery system "MyCells" to COVID-19 is not substantial enough. It seems that they are not inventing a new medications for the virus. Instead, they are just doing research in a system that makes medications more water soluble. To me, it is completely waste of money (in fact, they don't have much money in the bank!) and I believe money should be spent wisely on their CORE business.
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