I'm sure we'll all live while we wait longer, but I do think this is a botched effort at messaging and managing expectations. All we have to go on is what Joe tells us.
Here is what he told us on the call (one or two in the middle are from Rich). Wait until you get to the last two, then tell me if my expectations of getting information in 7-10 days were misplaced or if I was misled. And feel free to look these up in the transcript, but they're all copy and paste quotes:
1) The spleens were collected and shipped to CTL for the T-Cell analysis and the serum was delivered--they were shipped yesterday and delivered today, the serum analysis for the neutralizing antibody studies that will be done next week. And within ten days or so, we'll have an answer whether we have this complete vaccine.
2) ...the experimental piece of this is will we generate the neutralizing antibody response that we're looking for from the complete vaccine? And we'll have that answer within a few days. And at that point, we'll know whether we have the overall complete vaccine or whether we'll be pushed towards a universal booster for long-term memory...
3) But it's important to note that we can respond quickly, and we can target the immune response specifically to whatever targets we're looking for, whether it's a variant or the source coronavirus that we have now. So, that's continuing and we're looking forward to those results in a few days.
4) So, I thought that was very important to add and I’m very excited about the next ten days; we have the one last big test, once that's complete, and if it's anything like all of our other testing, we'll move right into filing our IND, and we'll get the rest of the work done.
5) And we're really excited about this program and within the next ten days, that will really tell the story and we get the last set of results, and they're good, we have a complete vaccine where not a lot of other people can say that.
6) So, we're excited about that and we're hoping that once we come out with these results next week--ten days--which is the final, and get that IND approved...
7) So, I guess that's it with the questions. I just want to thank everybody for attending the call, and I'd just like to add that over the next seven to ten days on our last test we will have, we will alert everybody to that final result which will give us what we believe is a complete vaccine, which is safe, effective, and with long-term memory. And immediately thereafter, our IND will be filed, and we'll get into clinic for this complete vaccine. (Bolding mine)
So, we're very excited about the future, we thank everybody for the call. Be on the lookout in the next week to ten days for our results. If it's good, we'll be able to make claims that not a lot of other companies can at this point.
Joe, you know who I am, and I've given you my number numerous times. Please feel free to call me and discuss how I was supposed to interpret "over the next seven to ten days on our last test we will have, we will alert everybody to that final result" and "Be on the lookout in the next week to ten days for our results" to mean anything other than I should know what the test results are in the next 7-10 days.
It's right there in black and white. Clear as a bell.
This is simply unacceptable. You need to deliver an update with some sort of clarification on the timelines by the end of next week. We deserve that.
Here is what he told us on the call (one or two in the middle are from Rich). Wait until you get to the last two, then tell me if my expectations of getting information in 7-10 days were misplaced or if I was misled. And feel free to look these up in the transcript, but they're all copy and paste quotes:
1) The spleens were collected and shipped to CTL for the T-Cell analysis and the serum was delivered--they were shipped yesterday and delivered today, the serum analysis for the neutralizing antibody studies that will be done next week. And within ten days or so, we'll have an answer whether we have this complete vaccine.
2) ...the experimental piece of this is will we generate the neutralizing antibody response that we're looking for from the complete vaccine? And we'll have that answer within a few days. And at that point, we'll know whether we have the overall complete vaccine or whether we'll be pushed towards a universal booster for long-term memory...
3) But it's important to note that we can respond quickly, and we can target the immune response specifically to whatever targets we're looking for, whether it's a variant or the source coronavirus that we have now. So, that's continuing and we're looking forward to those results in a few days.
4) So, I thought that was very important to add and I’m very excited about the next ten days; we have the one last big test, once that's complete, and if it's anything like all of our other testing, we'll move right into filing our IND, and we'll get the rest of the work done.
5) And we're really excited about this program and within the next ten days, that will really tell the story and we get the last set of results, and they're good, we have a complete vaccine where not a lot of other people can say that.
6) So, we're excited about that and we're hoping that once we come out with these results next week--ten days--which is the final, and get that IND approved...
7) So, I guess that's it with the questions. I just want to thank everybody for attending the call, and I'd just like to add that over the next seven to ten days on our last test we will have, we will alert everybody to that final result which will give us what we believe is a complete vaccine, which is safe, effective, and with long-term memory. And immediately thereafter, our IND will be filed, and we'll get into clinic for this complete vaccine. (Bolding mine)
So, we're very excited about the future, we thank everybody for the call. Be on the lookout in the next week to ten days for our results. If it's good, we'll be able to make claims that not a lot of other companies can at this point. Joe, you know who I am, and I've given you my number numerous times. Please feel free to call me and discuss how I was supposed to interpret "over the next seven to ten days on our last test we will have, we will alert everybody to that final result" and "Be on the lookout in the next week to ten days for our results" to mean anything other than I should know what the test results are in the next 7-10 days.
It's right there in black and white. Clear as a bell.
This is simply unacceptable. You need to deliver an update with some sort of clarification on the timelines by the end of next week. We deserve that.
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