I think Respert has the right idea. I've been POC on the industry side with 2 large US bureaucracies for a little under 3 decades. Large bureaucracies are cumbersome and rule laden monstrosities. They are not well designed to be very innovative procedurally and they are constantly besieged by hucksters trying to sell their new form a "snake oil" to a huge market. A bureaucrat just trying to do their 20 and land a fat cat industry job survives by following the rules and not sticking their neck out on some "snake oil" that may not work and may have currently unknown safety issues. I can also tell you kicking sand in the face of a bureaucracy is a really bad idea. Some here just can't stop beating that very dead horse. It's over, it's done, we brought on our own issues with them. That some of it from the FDA appears purposeful and punitive is possibly true, but you continue to piss off someone in power you should not be surprised when the very human bureaucrat on the other side smacks you in the mouth. Making a common comparison to a poker game they not only have the better hand, they control all the cards. They tend to absolutely despise obvious hucksters like Nader. They don't want their careers to be soiled by such people and their coworkers and leaders understand completely. They have a certain way things need to be done and tons of paperwork all requiring exactness. I have worked with people who have graduate degrees in government paperwork. Your common bureaucrat has little to no authority to be flexible, or innovative. The way it is explained in the manual is the way it will be done today and tomorrow until the manual changes, or someone higher up signs off on taking the blame for it if it goes bad. Expecting a large bureaucracy to act like an innovative business is naive in the extreme.
The above said I have found your standard bureaucrat to be someone trying to do the right thing and in most cases quite competent. Generally the problem is the rules, not the individual; and the rules, though quite cumbersome, are necessary to maintain order within a very large system.
CYDY under Nader is the exact model of what bureaucrats hate. Dr. JL's description of the company under Nader is all you should need to know to understand many of the reactions from the FDA.
The good news is a very competent Dr. JL is at the helm and we appear to have a damn interesting molecule in our control. Money problems to be sure. I don't expect much this year, but I believe we are now on a path that will shine a very bright light on an extremely interesting molecule.
Category: InvestingTotal Views: 57 By : EditorUpdated: 05-05-2024
Introduction
Investing in mutual funds has long been a popular choice for individuals seeking to grow their wealth through a diversified portfolio managed by professional fund managers. As we look ahead to the second half of 2024, it's crucial to identify mutual funds that not only have a strong track record but also align with the evolving economic landscape and your personal investment goals. In this comprehensive guide, we'll explore the 10 best mutual funds to consider for your in... Continue Reading
Category: StocksTotal Views: 138 By : EditorUpdated: 05-05-2024
The Real Good Food Company Inc. (NASDAQ: RGF) has been making headlines, but not necessarily for the reasons investors would hope for. With a stock price that has been on a roller coaster ride, it's time to dissect the company's recent activities, financial maneuvers, and strategic decisions to understand where it stands in the current market landscape.
Company Profile
The Real Good Food Company Inc. (RGF), known for its health and wellness-focused frozen food products, operates in... Continue Reading
Category: StocksTotal Views: 133 By : EditorUpdated: 05-05-2024
Northwest Biotherapeutics Inc. (NWBO), a biotechnology firm, has been a subject of interest for investors and industry observers alike. This company, operating in the healthcare sector and specifically within the biotechnology industry, has made strides in developing personalized immune therapies for cancer. Let's delve into the details of NWBO, its operations, financials, and technical analysis to understand its market position and future prospects.
Company Profile and Operations
Foun... Continue Reading
Category: MarketsTotal Views: 92 By : EditorUpdated: 05-04-2024
The stock market in 2024 presents a unique landscape for investors, shaped by the aftermath of a global pandemic, technological advancements, and shifting economic policies. As we delve into this year's market dynamics, it's crucial for investors to stay informed and adapt their strategies to capitalize on growth opportunities while mitigating risks. In this comprehensive guide, we'll explore the key factors influencing the 2024 stock market and provide actionable insights for invest... Continue Reading
Category: StocksTotal Views: 152 By : EditorUpdated: 05-04-2024
The AI sector continues to be a hotbed of innovation and growth, with companies across the globe racing to harness the power of artificial intelligence. As we delve into the best AI stocks to watch in 2024, we'll provide a detailed analysis of each company's financial health, market position, and future prospects. Here are the top 10 AI stocks that should be on every investor's radar:
1. NVIDIA Corporation (NVDA)
Market Position and Financial Performance:
Nvidia remains a... Continue Reading
Category: InvestingTotal Views: 295 By : EditorUpdated: 05-04-2024
As we step into May 2024, investors are faced with a unique set of challenges and opportunities in the financial markets. With the Federal Reserve's recent decisions, economic indicators, and market trends, it's crucial to approach investments with a well-informed strategy. Here are some investment tips to help you navigate the financial landscape this month.
Understanding the Current Economic Environment
Before diving into investment strategies, let's assess the current econom... Continue Reading
Introduction
As we step into the second half of 2024, the financial landscape continues to evolve, presenting new challenges and opportunities for individuals looking to manage their money effectively. Whether you're a seasoned saver or a financial novice, understanding the basics of personal finance is crucial to achieving your financial goals. This comprehensive guide will walk you through the essentials of personal finance for dummies in 2024, offering practical advice and actionable t... Continue Reading
Category: StocksTotal Views: 255 By : EditorUpdated: 05-04-2024
Introduction
In the world of investing, penny stocks are like the Wild West: lawless, unpredictable, and not for the faint of heart. They're the stocks that big-time investors scoff at over their morning coffee, yet they hold a certain allure for those looking to strike it rich on a shoestring budget. Today, we're diving into the murky waters of penny stocks trading under 10 cents as of May 4, 2024. Buckle up, it's going to be a bumpy ride.
What Are Penny Stocks?
For the uni... Continue Reading
Category: MarketsTotal Views: 233 By : EditorUpdated: 05-04-2024
As we stare down the barrel of another trading week, investors are grappling with a market that's as predictable as a teenager's mood swings. Here's what you should keep your eyes peeled for, unless you enjoy the thrill of being blindsided.
Earnings Season Continues
Earnings season is like the Wall Street equivalent of a reality TV show – full of drama, surprises, and the occasional meltdown. Next week, a slew of companies will step into the earnings confessional. Expecta... Continue Reading
Category: StocksTotal Views: 314 By : EditorUpdated: 05-03-2024
Introduction
Safe & Green Holdings Corp. (NASDAQ: SGBX), previously recognized as SG Blocks Inc., has distinguished itself within the modular construction sector. This innovative company specializes in transforming cargo shipping containers into versatile building materials, a process that not only promotes sustainability but also offers a unique approach to construction. By repurposing these containers, Safe & Green Holdings Corp. addresses the growing market demand for eco-friendly ... Continue Reading