[Whalatane]

How's that working for you ?

Kiwi

[BadCuda]

https://www.marketbeat.com/stocks/NASDAQ/RZLT/short-interest/20% increase in short shares at 4.09 Gotta drop one of these days ,I'm bullish but waiting for the shorts to do their thing before I jump back in 

[Whalatane]

[...double post

[Whalatane]

Target enrollment exceeded with 62 participants enrolled, including approximately 15 percent from U.S. sites

Topline data is anticipated in December of 2025

Kiwi

[Whalatane]

Up 8% as I type ...the day after their presentation .
Should announce full enrollment in their pivotal trial any day now ...and set the clock for a readout out by EOY

Kiwi

[Whalatane]

I thought it was a good presentation . Interesting that they think the new FDA is inclined towards easier approval of rare disease indictions .
Both indications are now Breakthru designated and each represents $1B global sales potential . Breakthru gives them more access to FDA ...say thats been going well.
They still have patients on drug from the P 2 trial ...building up long term safety data .
Kiwi

[rosemountbomber]

Yep, webcast at 1:30 EDT.

https://journey.ct.events/view/cce24f5b-c8c3-49c6-bcab-cf6ab3739474

[Whalatane]

Their lead trial can proceed with no changes ..DMC is confident it's powered for stat sig results .
They have received Break Thru status and they successfully raised funds ,
Why would the stock fall ?
They will not develop their DME asset ...they will try and sell it

Event: H.C. Wainwright BioConnect Investor Conference
Date: May 20, 2025

There will probably be a webcast for this

Kiwi

[BadCuda]

23% increase in short shares April 15-30 - shorted shares = 3.48 million currently - we'll see what the may 15 report says . That should paint the picture more clearly . 

[BadCuda]

Technicals don't suck right now , but what information will we get before Christmas to support a 3.75 price tag . News is 6 months out and it may be bad !!! No news on DME drug - what's keeping it from falling ? 

[Whalatane]

Re technicals ...from my basic TA perspective ...doesnt look over bought ...or over sold .
Kiwi

[Whalatane]

I've been in this since

Tuesday, February 20, 2024 9:33:33 PM
Post# of 519
CFO buying http://archive.fast-edgar.com/20240220/AP27R222E222H2S2222A2CO2NABDZ222B262/

Roughly tripled since then ? I'll check the technicals but usually only pay attention to those at extremes in indicators like the RSI
Kiwi

[BadCuda]

The technical indicators just aren't there , like I said the company is a good company with good products - I just don't see the stock price improving until after sept . Plus the 20 million new shares handed to the same MM's that drove it down the last few times when we were news starved . Just an opinion from someone who's been watching this stock since 1.00$ 

[Whalatane]

Dont know why you think nothings happening with this Co

Recent Pipeline Progress and Anticipated Milestones

Congenital HI

sunRIZE, a Phase 3, multicenter, double-blind, randomized, controlled safety and efficacy registrational study, is ongoing and enrollment is expected to conclude in May 2025.
U.S. sites are activated and enrolling patients.
Topline results expected in December 2025.
Upon completion of an interim analysis in April 2025, an independent Data Monitoring Committee recommended continuation of the sunRIZE study as planned without an increase to the study sample size.
The analysis was intended to evaluate the study for futility or otherwise to inform a potential sample size increase, for purposes of optimizing the study power and statistical confidence in the final analysis outcomes.
The Company remains blinded to the results.
Tumor HI

In May 2025, FDA granted Breakthrough Therapy Designation (BTD) to ersodetug for the treatment of hypoglycemia due to tumor HI.
BTD was granted based on clinical trial data across the overall HI program and a recognition of the mechanistic applicability to tumor HI, further validated by real-world experience in tumor HI patients who have been successfully treated with ersodetug throughout the U.S. in the Company's Expanded Access Program.
A registrational study for ersodetug in patients with tumor HI, the “upLIFT” study, is anticipated to begin in the middle of 2025 with topline data expected in the second half of 2026.
Utilizing BTD, the Company plans to engage further with FDA to discuss the registrational trial, including the necessary data package to support a BLA filing and potential approval for the tumor HI indication.

Kiwi

[BadCuda]

Like I said I love company and it's people - MM's see what i see and will walk it down slowly until we get some news on the DME drug or ersodetug hits the market but they said it won't be finished til Xmas . Im not an expert but I've been watching/flipping this stock from 1.55 and there's a pattern MM's have of shorting , I've witnessed it several times - and the company just sold them another 21 million shares of common stock . KISS of death temporarily , more shortable shares - no real news for a few months - I would short it . First time they did this the price dropped from 5$ to 4$ overnight , second time was more of a slow walk down slowly leaking out more shares dropping the price . I was amazed it popped to 4.20 again sold it all as soon as they got those 20 million shares . I said to my self - Damm they're doing it again. So you can call it experience or luck but I seen this pony show and I held the first time but not again .when the technical signals change I'm first in lineAll in again , but the technical signals say stay away. Now  DTREF is a gold/REEMine in in Cali closed in the 90's for environmental issues when gold was340/oz . Just got more funding and federal clearance/reguest to reopen . .028 currently 2.7 billion out standing 1.7 billion float approx . Rare earth elements are getting popular so that's where I'm at now , uplisting end of may . Technical indicators are so so but it's cheap down here and moving in the right direction . 100% owned by an Australia company . 1.1 million oz of gold confirmed back in the 90's ,6 miles from the lagest gold mine in Nevada - a 4 billion dollar gold mining operation  .... hmmm .028 why not .

[Whalatane]

Re

nothing going on this summer or fall .

They are launching their tumor trial ...now Breakthru status by FDA ,,,doubt they do anything with DME

Rezolute, Inc.
Registrational study in patients with tumor hyperinsulinism (HI) expected to commence mid-year

Designation underscores need for therapies to treat severe hypoglycemia in the oncology setting

REDWOOD CITY, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a late-stage rare disease company focused on treating hypoglycemia caused by HI, today announced that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation (BTD) to its investigational therapy, ersodetug, for the treatment of hypoglycemia caused by tumor HI.

Kiwi

[BadCuda]

Right , eod of year - nothing going on this summer or fall . They’ll use the new money to develope their DME drug themselves , last stage could be done by Christmas if they start now but no news on that front either . If they’re getting bought out they’ll bring the price down first before they announce anything , probably when they get closer with the DME drug and the trials are positive . Time …. It’s a great company but I just want to wait and see what their next move is - I’ll buy below 2 when we get there sorry to say , all this pr crap is for hype . Until they say there going to market and the trials went great they’re going to slowly fall in price .

[BadCuda]

Right , eod of year - nothing going on this summer or fall . They’ll use the new money to develope their DME drug themselves , last stage could be done by Christmas if they start now but no news on that front either . If they’re getting bought out they’ll bring the price down first before they announce anything , probably when they get closer with the DME drug and the trials are positive . Time …. It’s a great company but I just want to wait and see what their next move is - I’ll buy below 2 when we get there sorry to say , all this pr crap is for hype . Until they say there going to market and the trials went great they’re going to slowly fall in price .

[Whalatane]

FWIW. HC Wainwright & Co. Reiterates Buy on Rezolute, Maintains $14 Price Target
BENZINGA - 1:41 PM ET 4/28/2025

Rezolute, Inc. (Nasdaq: RZLT) (“Rezolute” or the “Company”), a late-stage rare disease company focused on significantly improving outcomes for individuals with hypoglycemia caused by hyperinsulinism, today announced that management will participate in the following investor conferences:
Event: The Citizens JMP Life Sciences Conference
Date: May 7-8, 2025

Event: H.C. Wainwright BioConnect Investor Conference
Date: May 20, 2025

Event: Craig-Hallum Institutional Investor Conference
Date: May 28, 2025

Event: Jefferies Global Healthcare Conference
Date: June 3-5, 2025

Management will be participating in one-on-one investor meetings throughout the conferences. Investors interested in scheduling a meeting with the Rezolute management team should contact their JMP, H.C. Wainwright, Craig-Hallum, and Jefferies representatives.

Meeting one on one with investors ...otherwise known as checking out any buy out interest .
Unlikely this Co launch their drug alone , once approved
JMO

Kiwi

[BadCuda]

20 mil new shares at 3.25 , my guess is they short it to get below 3.25 to grab a bunch more from sellers as it keeps going down - watch for short report  . No life changing news for stock right now , trials continue lets see how long they drag out the selling . Watching technicals for reentry . This is all Just my opinion 

[Monksdream]

RZLT, recent 52 week low

[rosemountbomber]

In Caribbean and not all are sea days. I couldn’t find the spreadsheet North alluded to in terms of BOs. I guess it depends when you take. The start point for BO to figure out multiple

[Whalatane]

They will need the $ for the Tumor HI P 3 trial thats about to ramp up.
Drug is currently in use at major research hospitals like Stanford

Rezolute’s EAP has demonstrated success in individual cases, particularly for tumor-mediated hyperinsulinism, leading to FDA clearance for a Phase 3 study in this indication. Patients in the EAP have experienced significant benefits, such as hospital discharge and resumed cancer therapy, highlighting the program’s role in addressing critical unmet needs.

The program operates under FDA’s expanded access framework, often called “compassionate use,” which allows access to investigational drugs like RZ358 (ersodetug), a monoclonal antibody that modulates insulin receptor activity to manage hypoglycemia.

Addressing critical unmet needs means fast tracked and high price for the drug on approval

Kiwi

[BadCuda]

Looks like they got 90 mill to do their own trials for their DME product , just a hiesss because they didn't need it for the HI drug - they just waiting on results and by the options play calling for 2.50 . I'm gonna wait and see - these small caps can drop in a day but by Christmas we should have some better idea what's going on .

[Whalatane]

Re no news in sight . You're forgetting about the drug in trial for Tumor HI

IND filed and cleared: start-up activities in progress to enable patient enrollment in 1H 2025

The drug is already in use ( compassionate use ) at some major hospitals like Stanford , for Tumor HI

Kiwi

[Whalatane]

Staying in cash til we get below 3

. Bold call .
Guess you dont think this is a buyout candidate for anyone .
Re no news in sight . They will announce full enrollment in their pivotal trial next mth so then its count down to read out .
Drug is fast tracked ....so data by EOY
Kiwi

[Whalatane]

Couple of weeks at sea ? Where are U going ?
Kiwi

[BadCuda]

20 million new shares ( bought at 3.25) hitting the market with no real news in sight , gotta see the q report . IMO they're going to short this down to 2.50 area . Gap to fill as well back to 3.1-3.5  Staying in cash til we get below 3. Good luck

[rosemountbomber]

Thanks. Yes and I will remain on those seas for another couple of weeks. As you can see I get the odd opportunity to post and was glad to catch the announcement of this trial’s DMC. Analysts’ targets on this are mid teens.

[Whalatane]

Co's almost always raise $ within a day or two of positive data ...strike while the iron is hot etc . Yes ...implies no interest in their DME drug.
Groks take on the data

The interim analysis of Rezolute, Inc.'s (RZLT) Phase 3 sunRIZE study for ersodetug in congenital hyperinsulinism (HI), announced on April 23, 2025, provides significant insights into the trial's progress. Below is an evaluation based on available information, focusing on the implications of the Data Monitoring Committee's (DMC) recommendation and the trial's context.

Key Points from the Interim Analysis
DMC Recommendation:
The independent DMC reviewed unblinded interim data after approximately half of the enrolled patients completed primary assessments, focusing on hypoglycemia events as the primary endpoint.

The DMC recommended continuing the trial as planned without increasing the sample size. This suggests that the observed effect size and variability align with the statistical assumptions used in the original trial design, indicating the study is likely adequately powered to detect the pre-specified treatment effect.

Trial Status and Timeline:
Enrollment is on track to be completed by May 2025, with topline data expected in December 2025.

U.S. clinical sites are actively enrolling patients, expanding the global study’s reach.

Rezolute remains blinded to the interim data and statistical outputs, maintaining trial integrity.

Supporting Evidence:
The DMC’s recommendation aligns with prior Phase 2 RIZE study outcomes, real-world observations from Rezolute’s Expanded Access Program, and pharmacokinetic data from the sunRIZE study’s open-label arm. This consistency strengthens confidence in ersodetug’s potential efficacy.

Market and Sentiment Impact:
Posts on X reflect positive sentiment, with users noting the DMC’s recommendation as a procedural milestone and viewing the stock as undervalued, especially after a recent capital raise. However, some expressed mild concern about the timing of the raise diluting shares.

The announcement was seen as de-risking the trial, as no sample size adjustment was needed, reinforcing investor confidence.

Implications for Statistical Power and Trial Success
Adequate Powering: The DMC’s decision not to increase the sample size strongly suggests that the interim data showed an effect size and variability consistent with the trial’s design. In clinical trials, interim analyses assess whether the study remains on track to detect a statistically significant effect with the planned sample size. The lack of a sample size adjustment implies the trial is likely sufficiently powered, assuming no major deviations in the remaining data.

Efficacy Signals: While specific interim results (e.g., p-values or effect sizes) were not disclosed to maintain blinding, the DMC’s endorsement without modifications indirectly supports the hypothesis that ersodetug is performing as expected, especially given alignment with Phase 2 and real-world data.

Risk of Futility or Harm: The DMC did not recommend stopping for futility or safety concerns, which is a positive signal. In trials, DMCs may halt studies early if the treatment shows no chance of achieving significance (futility) or poses safety risks. The absence of such recommendations reduces these risks.

Potential Risks and Considerations
Interim Data Limitations: Interim analyses are based on partial data, and results can change as more patients are enrolled. For example, literature notes that interim results may overestimate treatment effects compared to final outcomes, and premature conclusions should be avoided.

Statistical Risks: Multiple interim analyses increase the risk of type I errors (false positives) unless adjusted for, though the sunRIZE study’s protocol likely includes methods like O’Brien-Fleming or Pocock to control this. The announcement did not specify the statistical approach, but adherence to rigorous standards is assumed.

Market Expectations: Positive sentiment on X could inflate expectations, but topline data in December 2025 will be the true test. If final results underperform interim signals, stock volatility could follow.

Rare Disease Context: Congenital HI is a rare condition, which may limit patient recruitment and generalizability. However, active U.S. site enrollment mitigates some recruitment concerns.

Comparison to Broader Clinical Trial Context
Similar Trials: In contrast to the HOVON 132 trial, where Bayesian interim analyses signaled futility early but the trial continued to a negative final outcome, RZLT’s DMC recommendation suggests a more promising trajectory.

Adaptive Designs: The sunRIZE study appears to follow a group-sequential design, common in Phase 3 trials, allowing interim checks without compromising statistical integrity. The lack of sample size adjustment contrasts with trials requiring increases due to lower-than-expected effect sizes.

Conclusion
The interim analysis of RZLT’s Phase 3 sunRIZE study is a positive milestone, as the DMC’s recommendation to continue without increasing the sample size indicates the trial is likely adequately powered and on track to detect a statistically significant effect on hypoglycemia events. Consistency with Phase 2 and real-world data further supports ersodetug’s potential efficacy, and the absence of futility or safety concerns reduces key risks. However, interim results are not definitive, and final topline data in December 2025 will determine success. Investors and stakeholders should remain cautiously optimistic, mindful of statistical risks and the rare disease context. For further details, refer to Rezolute’s official announcements or clinical trial registries.

I'm really impressed with the Grok AI
U still on the high seas ?
Kiwi

[rosemountbomber]

Any thought Kiwi as to whether they could have waited a bit to raise cash? I would think the good news about the trial would imply a rising stock price. On the other hand they must not be able to sell their other drug.

[Whalatane]

Without real news !!!! Geez they didn't have to add any more patients to the trial. DMC has determined the trial is properly powered to provide a stat sig result .
Thats fantastic news ...and they raised $ into that and the stock still went up .
Kiwi

[BadCuda]

Crazy volume without real news scares me , .92 pop today and 20 million shares added to the float I feel a short coming soon-  maybe they'll release the q report first so we pop to 5 . Sold off trading shares at 4 today off my 2.70 buys . Buy back at 3.50 area maybe with Big gap to fill there 

[Whalatane]

Yep , no need to increase enrollment , fully enrolled next mth , data by EOY ...they also did a capital raise
Kiwi

[glenn1919]

RZLT.............................................................................https://stockcharts.com/h-sc/ui?s=RZLT&p=W&b=5&g=0&id=p86431144783

[rosemountbomber]

Well they announce positive rec today. I am at sea so can’t monitor much:
https://stocks.apple.com/AzJxVr1fqRJKr2h6Cm7TMrw

[Whalatane]

Well price action ( up 16% as I type ) ...hopefully indicates the interim data due any day ...is positive
Kiwi

[Whalatane]

Well theres a certain risk off ....on anything speculative ...thats tracking the general market .
Compare the movement today with the changes in the S&P .
IMHO it's very unlikely the trial gets stopped for futility ....probably 50% chance they need / or want ...to add more patients to increase the statistical power .
CEO , CFO and a board member have all been making open market buys ....so they must feel pretty confident on eventually getting a drug approved.

UNCY is green even tho Dow is down over 1,000 pts ...!

Kiwi

[rosemountbomber]

I guess from the looks of the stock price, the market is pricing in option 1 or 3.  1 is bad but 3 means they have to churn through more cash. 

[Whalatane]

RMB ... Direction of RZLT near term ultimately depends on this interim readout

An interim analysis of the primary study endpoint (change in hypoglycemia events) is planned for this quarter, with results and study update to be announced early in the second quarter.
Three possible outcomes from the analysis include: (i) futility and the study should be stopped, (ii) continue the study as is or (iii) continue the study as is but increase the sample size by 33% (18 additional patients) to enhance statistical confidence in the final outcome.

Obviously high risk so risk only what you are comfortable with .
Insiders have been buying recently ...lets hope that means something
Kiwi

[rosemountbomber]

And, there are other people (Trump supporters) like Ben Shapiro and Ackman, and Druckenmiller calling out this stupidity. So far on the MAGA websites I check the commenters immediately trash anyone coming out bashing the Pres. Of course many of these don't have much on the line.

I guess I am always a day late. Bought stuff first thing Monday morning and felt good about the turn around that day. I thought today would be an up day and sure enough it started that way. My plan was to sell those Monday morning purchases on the start of Wednesday trading but obviously that should have been today. Unfortunately, I had to go to the Eye Doctor for an appointment and by the time I was out - and could see - the market had turned. My thought was to repurchase a testing of Monday lows, but even though I was thinking of buying the down opening tomorrow, I worry that if Monday's lows are taken out that things could go quite lower. For instance if you look at say, META, on a 2 year chart, it can still go quite a bit lower. Thought around 480 would be a good buy but if that doesn't hold it could be a long way down. Looking also to maybe get some CDs. I have some maturing in the next few months and although inflation will not be in check, I worry that between the economic slowdown and the market meltdown, the FED may be forced to drop rates sooner than later. When you are retired if interest rates drop in half, it can make a huge dent in one's income.

Everything including RZLT backed off today. But hopefully, RZLT doesn't have much more downside and we wait it out.

[Whalatane]

RMB. whats interesting to me is that Musk is trashing Navarro ...calling him "dumber than a sack of bricks ...and thats an insult to bricks. "
Writing this as we await the extra 50% tariff due to go into effect against China ...and our Defense guy said to be sending battle ships to the Panama Canal to " protect our interests "
Interesting times
Kiwi

[rosemountbomber]

I know that although insiders buy because they think the shares are undervalued, they can sometimes be wrong.  But today I was busy reshuffling my portfolio and had some extra cash left over so bought some more RZLT.  
Of course the worst may not yet be over but a number of MAGATs have bashed the tariffs (Musk, Shapiro) and Congress is talking (they are good at that) about trying to stop it.  As a matter of fact I read today where the U.S. Chamber of Commerce is contemplating taking the Administration to court.  We shall see. 

As far as AMRN goes, I was all set to dump a bunch today and throw that onto some beaten down techs, but they announced that they have given a board seat to Torok - the hedge fund guy who blasted them in a public letter a few weeks ago. My first gut reaction was that they brought him in to drown him out in the board room and get him to no longer utter his grievances in public. But JRoon on their iHub board thinks it may mean that management does have some plan going forward and brought him into the inner circle. We shall say. That made me hold off selling my shares today. That plus the fact that the premarket was so thin it was difficult to make a trade, and then I saw the news story.

[Whalatane]

RMB. it was for DME. ( diabetic eye disease ). I added this am ...Bitten by FOMO following all the insider buys :--)

Kiwi

[rosemountbomber]

I got involved here last year when I heard the CEO at a presentation. He impressed me.  A little disappointed so far because they were supposed to offload one drug to an acquirer (forget the drug number designation) but it hasn't happened.  That sale would help any cash concerns.  Good luck to us all

[Denisk]

Hello.
Just dipped into RZLT this morning. Bought 600 shares at between $2.72 to $2,87) average $2.78. Will wait for year end results prior to investing more if warranted & company has positive results in their Phase 4 trial. I like that fact that they basically have no debt. Worry about their cash burn though.

[Whalatane]

According to Dew Diligence ( Biotech Values board ) ... PDUFA dates less affected

FDA reviews cannot be delayed much, if at all, without breaching the minimum performance metrics inherent in Congress’ PDUFA funding for these reviews.

Kiwi

[rosemountbomber]

Pretty dire description of what transpired with all the firings. All descimated:
https://www.yahoo.com/news/fda-ve-known-finished-former-190329689.html

[rosemountbomber]

Laid off.  Big difference 😞

[rosemountbomber]

Read on another board (AVXL) that almost all that were working on Alzheimers at FDA were laid.  Not sure of the veracity of that statement.  Very disturbing to see this state of ignorance take control of this country in the year of 2025.  Going backward.