Hi Marzan:
Did anyone ever tell you that you are quite cute when you get upset?
As a PhD in Chem Eng, I hope you read chem reactive relationships better than you read my posts.
First, I am a long and have quite a considerable stake. I bought into the convertibles as an accredited investor. And.....I have averaged down considerably. So, I can confirm what I have always and consistently stated: I believe DC VAX L will ultimately be approved by all RAs including the FDA. If the other evaluative criteria result in what we now expect, whether or not the PFS endpoint will be achieved is of relatively minor importance(I can't say no importance because it is, after all, a primary endpoint).
However, where the share price is concerned, that depends upon market forces and how the market perceives the trial results. In this case, not regulatory approval, technical failure by failing to meet primary/secondary endpoints will be focused upon by manipulators having a malevolent agenda. They will claim the trial failed. They will claim that approval is in jeopardy. And as you know, Wall Street just hates uncertainty.
Accordingly, it seems quite likely, to me at least, that the share price may be negatively impacted if that is the case. It certainly is a fair possibility and I think that LP is well aware of it. That is why she is pulling out all the stops to try and avoid such a scenario. After all, financing will no doubt depend upon it. We don't want to go through more cycles of toxic financings and debilitative dilutions due to a low stock price. Thus, in such a case, it is important that the endpoints are met. These when coupled with long tail and milestones, etc. will go a long way to ensure reasonable and sustainable share appreciation. There, not so bad is it, my friend Marzan?
Please re-read my posts on this subject several times for a complete understanding. If you are having any difficulties in comprehending my english, please don't be shy or embarrassed. Don't hesitate to ask. I will be pleased to assist you and relieve you of your confoundment. There, you see, you have something in common with PFS after all!
OK, Marzan, hope we are now on the same page. Still friends? LOL.
Your pal,
Umibe(not Umibie--no such word in Japanese)
