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Tuesday, April 29, 2014 9:54:52 AM
Based on what information or facts?
1) Angel phase I. 5 people in Mexico, essentially back to square one in a phase I, while phase II/III trials have never advanced? So what's that supposed to do? It'd be about 7 yrs more minimum IMO, if they started a phase II and actually completed it, then managed to start a phase III and actually complete it (they haven't progressed on the phase III's they have now, one as old as 4 yrs or more?), then found out the results were good enough, that the product/process even works and then "try" for an FDA submission, let alone approval? Meanwhile, how would they pay for all that IMO? How many billions of shares would it cost IMO?
2) "Partnership"? With who and why? Who wants to "partner", IMO, with a 3 "employee", cash poor, debt laden, highly diluted, essentially all key patents have run out or will run out very soon- "company" who can't even advance their "flagship" product in FDA type trials inside the U.S., let alone outside the U.S.? Why? What would this "partner" want from this 3 person company- what would they be getting? Northstar essentially owns/controls everything they have right now anyway ("the lien", read the 10-K). What "partner" wants that IMO and for what and why?
3) MIRROR "update"- it's been claimed to be "imminent" for some time, including "claims" stated in multiple places that the blog or email said it was imminent (some claimed to have received that info), that it would be "made known" around the time of the previous 10-K. That came and went over 4 months ago and not a word? What info is their now that says their is an "update soon" to quote the claim being made?
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