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Posted On: 05/15/2020 2:58:52 PM
Post# of 36542
By, I think you are being a little unfair here. Yes there have been missed goals and certainly frustration is understandable. What Joe said about the div and the S1 was that the div had to be completed to SUBMIT the S1. Google how long it takes for S1 approval. You will see anything from 2-12 months with some say avg 6-9 months. The OMB says 972 hours. That’s 24 weeks. I have heard elsewhere 14 weeks. May 26th is 14 weeks for us. So does it suck waiting, yes but this is beyond Joes control and it really is not his job to explain all that to you There have been no S1/A filed so nothing has changed (officially) from the initial submission.
The form 10 for NGIO should officially be accepted/approved because Monday was 60 days and that is automatic. The NGIO S1 should be any day unless it is dependent on the GNBT S1 (I don’t think it should be but hoops post makes me wonder. I doubt we will see anything substantial in the next Q report as far as revenue so waiting on that is pointless but whatever Q the hospitals return to normal activity I would expect a boost from Excellagen via the VA.
And remember we are in a quiet period. With a listing the quiet period goes from when the S1 is filed through 40 days after trading begins. Not to mention that some here, maybe me too, we’re pretty tough on Joe with all of the div delays and pps falling. So there is no friendly conversation, no leaking of non public information. Anything that comes out is either a PR or a filing. PRs cost money and we’ve still been getting them roughly every 2 weeks. At least the last few weeks we have anyway.
Sorry for ranting, I still believe good things are coming. Next week could be potentially a big week with BARDA and the following week for the S1.
Good luck all keep your fingers crossed.
The form 10 for NGIO should officially be accepted/approved because Monday was 60 days and that is automatic. The NGIO S1 should be any day unless it is dependent on the GNBT S1 (I don’t think it should be but hoops post makes me wonder. I doubt we will see anything substantial in the next Q report as far as revenue so waiting on that is pointless but whatever Q the hospitals return to normal activity I would expect a boost from Excellagen via the VA.
And remember we are in a quiet period. With a listing the quiet period goes from when the S1 is filed through 40 days after trading begins. Not to mention that some here, maybe me too, we’re pretty tough on Joe with all of the div delays and pps falling. So there is no friendly conversation, no leaking of non public information. Anything that comes out is either a PR or a filing. PRs cost money and we’ve still been getting them roughly every 2 weeks. At least the last few weeks we have anyway.
Sorry for ranting, I still believe good things are coming. Next week could be potentially a big week with BARDA and the following week for the S1.
Good luck all keep your fingers crossed.
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