I believe you answered your own question. It can take six months to do a peer review. Which is why I call in question the reason for a peer review. We already have several contracts signed and in place. They need to start working on doses and getting trials going. Waiting for a peer review for what purpose? They should be able to get a valuation from this valuation appraisal company and not need a peer review for them. And then once the peer review comes in, how long is the valuation company going to need now to review the peer review to determine if it added more value to their valuation. It’s a never ending circle that is getting narrower and narrower.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.