298th Event
Clarity on the 298th event.
Are each of the following true or false regarding 298th event?
1. There will be NO press release and/or 8-K the day (or the week) of the 298th event having been reached.
2. The company will be informed the day of or the week of the 298th event, but the company cannot inform shareholders with an 8-K and/or press release until they verify the 298. And the verification takes up to 6 months.
3. If today is end of February 2019, then the 298th event may have been reached up to 6 months ago. 6 months ago is early September 2018.
4. The 298th event may have been reached months ago...somewhere between September 1 and today...and the verification is ongoing.
5. If the 298th event occurred months ago, then the chances of the Phase 3 being a success are significantly lower than if the 298th event occurs in April 2019 or July 2019 as some spreadsheets are predicting.
6. If the 298th event occurred in September, October, November, or December 2018, then the Phase 3 endpoint of 10% increase in OS will not have been reached according to the spreadsheet math.... and the news of that would be forthcoming soon.
7. If the 298th event occurs in, say, April 2019, then the shareholders will be notified up to 6 months later by September 2019.
I could go on and on, but these are the highlights for discussing a very important topic for which I think the entire board MUST have clarity on when making their decisions on CVM.
Currently, when I read the message boards, the assumption is the 298th event has not yet occurred, either because the company has not yet announced the 298th event or because spreadsheet assumptions assume the 298th event has not yet occurred, or for any other logical reason.
It is a VERY big assumption to think the Phase 3 is still ongoing. In other words, that the 298th event has not yet been reached yet.
Yet, I have not seen any message on the board (correct me if I missed it) discussing that the 298th event may have been reached months ago.... and due to the regulations, the company cannot notify shareholders until months after the fact...how many months depends on the length of time it takes the company to verify.
For clarity on this topic: Which of the above 7 topics are true or false? (Especially #6).
Thanks.
