Nothing but good news:
For real, the technology is pretty earth shattering (granted pre-clinical results confirm effectiveness) and will have abundant applications for different areas of the body / different uses.
For the non-believers (or those simply acting as such to shake the tree): tell me, why would the company be launching multiple preclinical studies based on their device technology If they didn't believe it would be effective?
What this means to me is that the preclinical results have been indicitive of the device's effectiveness and management is doing their best to position the company for as many device applications as they can.
This company can see a 1B market cap before the year is over. Maybe not sustained but it can go bonkers.
Back at the end of last year, Endonovo kicked off a preclinical investigation assessing the Immunotronics platform in a target indication of myocardial infarction (or heart attack, as it’s more commonly known). The idea is to treat patients with the technology after they have suffered a first heart attack, with the goal of strengthening their cardiac muscle tissue and – in turn – reducing their chances of a second heart attack or complete heart failure (which is a remarkably common outcome in this patient population). At the trial’s initiation, the company reported that it expected to have data with shareholders by the end of the first quarter of this year. Fast forward a few months, and alongside a release detailing a fresh patent issue for the technology, management amended its target data release date to early second quarter 2017. The numbers haven’t hit press yet and we expect them to hit any day now. Why is this such a big deal? The implications of these numbers go beyond the myocardial infarction indication. The best way to look at his trial is as a sort of proof of concept study. If the company can prove that its technology has a regenerative impact on heart muscle tissue cells, there’s no real reason why it won’t have a similar impact on cells in other regions of the body.
Management just recently reported the initiation of two further preclinical studies, one in NASH and another in critical limb ischemia, and we see this as positive for the treatment’s chances of good MI data.
Well, it’s speculative, but why would a company kick off an expanded program if the proof of concept looked like it was failing? Chances are that management likes what it is seeing in the MI study and that it’s getting a jump on some expanded indications ahead of putting out the numbers.
The above quote is from an article written / published today: https://www.insiderfinancial.com/endonovo-the...er/122790/
In response to the conversation elsewhere on the ENDV board about when to expect the preclinical results: this is the last official word from the company
The Company is evaluating the therapeutic potential of its new electroceutical technology in prevention of heart failure following myocardial infarction. The Company now anticipates initial results from its ongoing pre-clinical study in the second quarter of 2017.
Found here: http://www.marketwired.com/press-release/endo...204987.htm
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My comments are only my opinion and are not to be used for investment advice. Please conduct your own due diligence before choosing to buy or sell any stock.