(Total Views: 498)
Posted On: 04/08/2021 7:05:05 PM
Post# of 154054
My three takeaways from this past week..
You don’t take out a 25 million dollar loan which is primarily to increase production unless you are damn sure it’s going to get sold.....
You don’t talk about doing international trials in Asia, South America, and possibly Europe unless you have potential funding to help you execute these trials ( partner anyone ?)
The original take from the cc a few weeks ago was the hope that the Philippines would add 5 - 10 patients to the list for the “test” of Leronlimab. What we got was a hospital with 28 patients . The Philippines isnt messing around...
Not bad for a week’s worth of work .I look at my investments pragmatically , strip out the noise and just look at what the facts are..
My conclusion ? :
The FDA may have egg on their phase within about 6 weeks and have a lot of explaining to do
You don’t take out a 25 million dollar loan which is primarily to increase production unless you are damn sure it’s going to get sold.....
You don’t talk about doing international trials in Asia, South America, and possibly Europe unless you have potential funding to help you execute these trials ( partner anyone ?)
The original take from the cc a few weeks ago was the hope that the Philippines would add 5 - 10 patients to the list for the “test” of Leronlimab. What we got was a hospital with 28 patients . The Philippines isnt messing around...
Not bad for a week’s worth of work .I look at my investments pragmatically , strip out the noise and just look at what the facts are..
My conclusion ? :
The FDA may have egg on their phase within about 6 weeks and have a lot of explaining to do
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