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11:32
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Originally posted by GiddyYup:
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You mention "CR below 10c means poor results". Not sure that the assumptions you are making are correct. If put in context alternate scenarios become clear.
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They have received the results from the 3rd party, there are a number of staff with degrees in their field who should be able to have this data ready to present to investors before the CR. I think the "missed projections" argument has been and gone, it's now in their hands, if the results are good there is no reason for them not to release a well put together press release saying here are our findings from the phase 2 human trials, now let us raise credit to the tune of 30,000,000 diluting shares and options rather than 70,000,000 because we know how to run a business.
(20min delay)