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Flectional

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05/06/20

16:40

Post #: 45065425
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Originally posted by Exalted: ↑

Hi all, I had a call with Joel today with a business update. Funny enough, they do browse HC and have seen many of our posts.
I asked if I could share some highlights of that talk with you guys and he agreed.

tldr;

Joel and the board stress that they are aligned with shareholders, strategy is still in place and that they are continuing to develop as planned.
The new 2021 milestones are just a buffer date for expiry, not intended to mean trials will commence at that time.
There will also likely be a virtual roadshow this year, seems that they tried to do one pre-COVID but were unable to because of COVID restrictions.

Regarding trials.
OSA still going to proceed as planned, finishing touches on ethics. Still on schedule for June.
TBI they need restrictions to ease regarding COVID to reconfirm agreement with MMA org, for ethics to be lodged they need venue, date, time etc.
ARDS, they will provide an update to the market this week regarding ARDS. Sud has been working on this idea for over 2 years now. No holdup whatsoever, it is just time consuming. Guidance will be given as to timelines for ARDS.
This has helped build more robust trials.

OILS, Strategy still in place, scaling to the point where they will come out, and put it up in lights. It's been trending in the right direction, team is very pleased. Idea is to dominate the market, similar to AGH. Difference is AGH strategy has low patient retention, high cash burn trying to acquire patients. IHL focusing on high retention, low burn. Joel is aware that AGH reached 200M MC purely on oils sales alone even with their strategy, oils will underpin the company as we focus on that and the trials and novel IP.

Steady stream of newsflow from this week onwards. Looking forward to figures that we can share to the market and growth to close out the year. Good luck all.

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thanks Exalted.....nice post...

IHL Price at posting: 5.2¢ Sentiment: Buy Disclosure: Held
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