Lifeline Biotechnologies Inc (LLBO)

[rrao11]

Hi Chaka - this is why I was asking the longs to temper what they say and how they say it.

The way I read the news is that LLBO is planning to meet with the FDA in about 90 days prior to the PMA submission. After the discussions with the FDA, LLBO will prepare and submit the PMA. The FDA review and approval can take any where from 45 days to 180 days (or longer) depending on the device designation (Class 1, 2 or 3).

So, we are looking at FDA approval can be in late Q3 or early Q4. And after that, according to the news, prepare for M&A activity in 2020.

So, unless I am mis-reading the news, we should not be expecting the kinds of returns you are proposing in the next few weeks.

I definitely believe, and therefore holding long, that $1,000 invested today has the potential of becoming $50k or $100k, but not till next year. Could some big company jump on this right away in the next few weeks? Sure, but highly unlikely.

Please correct me if I misread or misunderstood the news.

Thanks and L&S