Wednesday, November 30, 2016 4:19:07 PM
LG did use this term when we were discussing together the support the stock sees from a wide range of shareholders. I do not think he used the term to speak badly about shareholders but more in the context of very loyal shareholders when the stock is attacked by shorters. You only have to read our message board to see just how confused everyone is with what is genuinely going on....that is not right.
You make a valid point with the silence re the big guns being brought in to shatter the "criminal ring of shorters" but with the stock down 90% and the investigation ongoing and the prelonged silence do you not think management has accidently dropped the ball in terms of convincing the market the science works and the prelonged silence has in turn destroyed investor confidence. If you don't defend yourself then you get picked apart. I can only guess management have listened and acted upon the advice of lawyers aimed at trying to bring about a successful prosecution and this advice was given with a much shorter timescale for completion. They have gone past the point of no return but as yet it's not resulted in any charges, arrests or formal public statements so I can only presume they do not have enough evidence. That being said I genuinely don't know why they cannot state at what point in the future they expect to gain approval ( subject to the science and FDA approval etc ) and when they anticipate being able to offer a commercialized product. If we are close to the trial being completed then why not provide some form of update as to future timelines and expectations. I still find people asking me the reasons for the screening halt and I cannot provide answers.
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