How do you arrive at 6 Months for FDA?
According to the chairman on 19th October 2017:
All approvals including CE and FDA are managed directly by the CZM regulatory team. All are progressing on schedule with CE approval for Europe expected first which will lead to earlier sales of Convivo into Europe prior to FDA approval.
And
As previously reported FDA approval is expected to be in the early part of 2018 .....
That is more than 12 Months.
Why the strong defense of the BOD?
Ann: Trading Halt Request, page-24
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