Well...imo.they get 4 benefits by slowly killing VNTH,
by essentially failing slowly over the course of prob
10 years when all said and done:
1) More time to play the "we're working" game, and to live off the BS;
2) A less suspect RS with dumps by the noteholders of the debt used to run their profitless and undescribed operations, including the clinical trials (about which we have no information that I know of).
3) More time to add to their "epic maverick" ferrymen status.
4) Appeared that they were doing "something" when the tech license renewal happened. What a sham of an impartial process that must be.
Months ago, I predicted trips by July and they were ahead of my predictions by 2 weeks.
I predict that each year, 2017 & 2018, the RS process begins during the Xmas season, then ramps up for the destruction of retail shareholder value every spring for at least the next 2 years. Lather rinse repeat...
It's not even clear what we have invested in at this point, of course: imo all assets are paid/owned by private Nanobeak, including the tech that most of us committed to (surely not the creatures waving their hands around it), and VNTH is ostensibly nothing but a share printing mechanism to grease the undilutable noteholders' lives when/if they ever get anything to market. Said another way, if they get this to market, they have more of the pie as a private entity by screwing us, so it can't be taken off the table.
All the while, it looks like many uni and science groups are catching up in the VOC game. It likely soon won't matter what they THINK they are clutching so close because have a dozen other entities will already be in the game and doing it better.
All imo VNTH long
SD
