Arch Therapeutics Inc (ARTH)

[Mike North]

5 months would be early for government bureaucrats. They don't seem to like doing anything until they have to. The way I envision it, some bureaucrat is sitting at his desk on January 17. His calendar throws a popup reminding him that tomorrow is the 180 day mark, so he throws a couple check marks and signature on a form, and puts them by the fax machine marked "Fax on January 18" and that is the form Norchi will receive. Being a bureaucrat, as soon as he finishes working on ARTH, he has to take on another case. As long as he is nursing ARTH, he doesn't have to do anything else.

Here's one for you: The FDA has been averaging 120 days this year. 4 months. That would have been November, so theoretically, we could get news just any day, but bureaucrats like what little power they have to mess with the lives of others.