"The arbitration hearing was held during December 2015 and...

"The arbitration hearing was held during December 2015 and January 2016 and the evidentiary hearing is now concluded. Each of the parties submitted to the arbitrator their post- hearing briefs on or before March 15, 2016. At this time, no prediction as to the outcome of this action can be made, and we anticipate an arbitral ruling will likely be rendered in or about June 2016. "
This is from prophase labs annual report. So we should hear something in the immediate future. If positive it may start to build some momentum. We need a spate of "good news" to turn it around. Aside from any financial settlement this should allow the company to sell bioelixa possible by September. Another boost from the second pig trial results (July/August). All leading in to October and the Japanese agreement. This company can't afford missteps but if they can generate positive news flow such as above then the turn around could be real. IMO DYOR If they don't then it may be all over red rover