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Re: drfreely post# 39861

Friday, 10/20/2017 11:40:45 AM

Friday, October 20, 2017 11:40:45 AM

Post# of 45314
Yes it will take some time, but the current management has made a lot of the right moves, including the reverse stock split. After years of mismanagement, it took time to get the Phase 2B Dronabinol study completed. I think they have a home run potential with Dronibinol. As i previously noted, they had the best result with 10mg of Dronabinol, and since it has a half life of 2-4 hours, a few drug deliver tweaks should allow for a sustained effect throughout the night, and perhaps even better results. There is no pharmaceutical treatment for sleep apnea, and this should be huge IMHO. There are no real FDA safety issues since Dronabinol is already approved. Fast tracking is a real possibility. The NIH has almost $10M that assisted in the studying of Dronabinol.
http://grantome.com/search?q=Carley+David
As John Bogle says, in investing, time is your friend. This company didn't get in the shape it was a few years ago in a day, and it takes time to get everything turned around. I like the path forward they have outlined and their recent conference presentations.
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