Yeah it's a crazy wait! Totally frustrating for us as the shareholders and for the company too no Doubt! Obviously our company never knew how long it would take until the study had been completed and then they began to realise that it was going to take a while, hence why they had to adjust the timelines in relation to FDA approval etc...
Ultimately though at the end of the day it's to do with poor communication skills between the professor and the company initially. The professor would have known how long the wait was for something to get published and peer reviewed etc I'm just assuming the company never asked the question while the studies were being conducted... To be honest this company should have taken a similar Road to that of ResApp health (ASX: RAP). The information should have been provided to the company as soon as this study was completed then we would have gone into a trading halt while our company was analysing the results then the results would be announced, approximately one and a half to two weeks later. After this then submitted to the FDA so we can start the lodgment process.. The Peer reviewed and medical journal stuff could have still happened afterwards. Or perhaps beforehand in a separate study. Why the company didn't do it this way is beyond me?! Anyway we are deep into this current process now, I know I keep saying it but we are seriously due for this to be published now!
In my opinion I think our patients will be hugely rewarded as I believe the results are going to be very positive and the findings will be groundbreaking... Let's see...
Cheers
Red bar
NTI Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
