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Monday, February 19, 2018 9:12:55 PM
Competition is everywhere. Yes we are in a new era in the treatment of many different diseases We are up against behemoths with deep pockets and management with vast experience and knowledge in the industry. Know what markets to attack first. How to bring in other accomplished industry veterans to help them achieve their goals. Experienced in the complicated world of clinical trials, FDA, manufacturing, everything. Connections DO go a long way. Not ones you have a drink with at a trade show, but people you have actually met with in real boardrooms with real discussions. Some here are making the same mistake management has made for years, discounting the competition. Will be the death of them if they continue.
Do you really think people are going to pony up $250 million for a strategy that has little to no hope? Even if it is a long shot, which I highly doubt it is, see how experienced people were able to raise that amount in a heartbeat. It's called credibility. Elbit Vision System discards, don't have that clout sorry.
People overlook who runs this thing like nothing else I have ever seen. No concern at all. They are fine. Ahhhhh we lost manufacturing. Who cares. We still have our long drawn out trials. Investors still believe what quackies tell us since their credibility is still huge. Who cares if the CEO comes out and says they made most of their milestones. Truly does make you wonder if they made the requirements too difficult to attain good enrolment, in order to increase their odds of success.
But let's not address ANY one of these concerns. Not a single one by some. Just pretend they don't exist and if someone directly asks you, just pretend you didn't see it. Copy and paste when things look gloomy. Some questions have no good answers. Just ones that people want to ignore, as it takes them out of their happy places and makes them realize their investment isn't sitting so pretty. Can't argue facts. A very limited few try, some ignore, and some just flat out make things up.
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