Rubbing my ball, page-832

I feel that CEO Leslie and Prof Fong already (strongly) hinted in last month's Zoom investor presentation that the CF33 IND approval is coming in a matter of weeks (that was a couple weeks ago!). I argue that this approval is NOT yet priced into the stock and investors are thinking (wrongly IMO) that there will be a further delay.

This was my favourite highlight (of the many highlights) from the recent Zoom presentation and Q&A with Leslie, Prof Fong and Dr Priceman. (around 23 min 10 sec mark ... unfortunately I cant find that link (if someone can please assist to post the link for new comers. Thanks)).

There is a level of confidence and excitement in both Leslie and Prof Fong responses that cannot be denied.

QUESTION: CAN YOU PLEASE CLARIFY THE IND PROCESS FOR CF33 AND WHERE WE ARE AT?

ANSWER:

LC:I keep saying, we are on the DOORSTEPS. We are just wrapping up the (application) package. They are lining up all the online processes. And we hope to come back to the market in weeks time to let you know where we are at.

Dr Fong: (Jumping in excitedly)I want to echo that! We are literally reading the 1,000’s of pages that is necessary for something novel to go to the FDA as an IND, and making sure every line is perfect. And literally, we are hoping, Leslie and I, to come back and talk to you within WEEKS about that its (CF33 IND) BEEN FILED AND APPROVED!!.