Wednesday, October 31, 2018 12:53:50 AM
Known Timeline Events
-11/5 Delisting notice needs to be extended to meet $1.00 NASDAQ requirement -- They have already pre-approved R/S if absolutely need-be and have confirmed in recent conversations with the CEO, Dr. Clarke that there is no intention of an R/S in the immediate future.
-11/8 Earnings: Expecting to hear about their cash position, and how they are going to raise funds. If non-dilutitive cash (even if a loan), then this ticker will fly. Potential partnership news?
Other Catalysts & Information:
-1 unidentified CTO filed last year
-The other CTO was revealed to be Glenmark who we are formulating VR410 with, which plans to start clinical in 2019 -- which has broad bullish permutations and potential cash source
-Chinese partnership opportunities mentioned previously yet not followed up upon recently
-Pur1800 phase 2 data results in soon
-Pur1900 phase 2 setup/starting before EOY 2018
-"Steady inbound interest" being fielded for iSperse technology -- always the chance of a buyout -- iSperse is not so much a medication yet rather the best ubiquitous platform to deliver medication to the lungs, most safely and most effectively
All comments are solely my opinion. Please formulate your own opinion and act on your own accord on all actions you take.
Recent PULM News
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