BIT 0.00% 1.9¢ biotron limited

There are no BP deals coming anytime soon (it won't be in any...

  1. 227 Posts.
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    There are no BP deals coming anytime soon (it won't be in any near term timeframe that a lot are wishfully dreaming) we are waiting on phase 2 results, all of this has been said by BIT in updates or at the general meeting. The only thing holding up the release date is the length of time it is taking to process said data, post covid era every supply chain and large business has been backed up and playing catchup. This is understandable and acceptable to anyone who has been keeping up with finance news and trading in the last three years, there isn't anything BIT can do to speed up this process. However, flogging a dead horse because I mention it far too often (because some people are still defending it and saying whatever happens happens) the intentionally deceptive language used for "imminent" and "coming weeks" is Disallowed type tactics. If you don't think they knew results were much further off than what they presented you must be foolish. And again just to reiterate this shows a bad business acumen on their part.
    Science=good: delays by third parties in a very tough economy and slow processing not really up to BIT
    Business communication=bad: intentionally using deceptive broad language to stave off selling and hopefully keep share price up 300 percent while the wait for results to come.
 
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