Ayala Pharmaceuticals Inc (ADXS)

[rmarc]

"This is not quite right. They stated that if they cannot identify a commercialization plan, then this is the strategy they will enact, rather than continue with the some 5-10 million in expense per quarter on a trial that needs several years yet" ... Berlin will stop the phase 3 AXAL trials after spending millions of shareholders capital & years of time if he can't find a cash partner or sell AXAL outright because of AXAL ongoing trial expense. Berlin trades AXAL which is in phase 3 trials so he can spend more multi millions of shareholder money to start new trials for NEO & HOT which will take much more time & expense than continuing to fund the AXAL trials. Why would Berlin dump AXAL, which IF AXAL is the real deal will get to market several years before NEO & HOT possibly could because NEO & HOT are still several years away from even completing trials? The reason is Berlin knows AXAL is a dud so he traded AXAL in phase 3 trials for NEO & Hot which are just starting phase 1 trials.