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Re: None

Thursday, 08/24/2017 8:11:43 AM

Thursday, August 24, 2017 8:11:43 AM

Post# of 700921
Let me restate what I was told and respond to posts at the same time. It is ironic that flipper44 would be the one that thinks I misinterpreted Les as flipper44 was my motivation to call Les. A few weeks ago flipper44 stated he would call Les and then suddenly said he changed his mind. I did ask Les what the intent was after they hit 233--were they going to let us know right away or is it their plan to let the long tail run a bit more. Kabanushi pointed out that perhaps my conversation was naïve on my part--if so, I accept that--but that is what I asked. I guess that many would not be surprised that Les did not answer the question.

Les did volunteer that the burn rate had been reduced to $1M per month and that they had the money to carry them for the next 5 months (and he referenced the 10q--but I see only $22K in cash) and that should get them to the "inflection point" which he said included the end of trial (presumably 233), the paper, the trial at UCLA and a trial in Germany. Exwannabe said that Les "bald faced lied"--perhaps he did--you decide--but that is what Les said.

Turtle65: thanks for trusting me that I made the call. I have actually spoken to Les 2 other times before but that was 2+ years ago. I have 2 friends that are shareholders (who got me into this) and together we have called Les about 7 times in total and he always takes the call (or calls you back). We have found him to be credible but that is just our opinion--we really don't know for sure what to believe sometimes.

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