My interpretation of response timelines from the investor call/presentation was:
- While the responses we make might be simple, PAR is being diligent and ensuring that they're being fully run through the consultation panel.
- The leadtime for our responses is constrained/limited by the response time of our consultant panel.
- The consultants aren't PAR employees, they've likely got other work also ongoing/scheduled. ... I'm assuming we've probably got contracted/understood response times from them to us.
That's why it can take 4wks to respond to low-level questions ... And why PR can be certain that we'll respond within 30 days, but can't claim we'll respond in a week. Since he has no real control over when we get output from the consultant panel, other than our agreed response times.
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Conference Call 3/8/21, page-31
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