Titomic mentioned something in their yearly report on page 5 about likely developments & expected results of operations;
"The activities outlined in the Review of Operations and outlook are inherently risky and the Board is unable to providecertainty of the expected timing and financial results of these activities, or that any or all of these likely developments willbe achieved. All future activities are subject to various risks and there are no assurances that these targeted milestoneswill be reached or that the stated timeframes will be met."
Research & development takes time. Perhaps there'll be some interesting developments / progress in 2019.
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