i have now received permission from Dr K to post my enquiry and...

i have now received permission from Dr K to post my enquiry and his reply:

I have been among the top 10 shareholders for a long time-see last years annual report.With so many spectacular and groundbreaking announcements in the last twelve months,the share price has barely moved.What do you think will cause the sp to move up in a straight line without it having to come back down again.You have been through this road before taking the sp from 30c to $8.tragically enough I didnt sell believing firmly in you and the science.I get the feeling that its gonna be a long wait before we see a move up and that will happen when we see results of phase 1 trials which i guess will be towards the end of next year.
When are you planning to file for IND apllication for the first drug?.My understanding is the FDA has to respond within 30 days after filing of the IND application leading to first dose soon thereafter.Communication of some timelines would be helpful towards keeping the faith and patience perseverence.