Wednesday, May 22, 2019 11:52:13 PM
I thought the replies were vague regarding the testing timeline. They purposefully do not want to answer questions that will tell you when tests started or will be finished. I don't understand why they are cagey about that topic. As you can see I was told the tests are "a standard practice" so I would think the time it normally takes to complete doesn't need to be kept a secret from shareholders.
My impression from the slightly awkward wording is that they are concerned about being perceived as stagnant until the testing is finished. I wasn't worried about that personally. If several companies are now waiting for this data, they will all get it at the same time. That could make things get interesting very quickly.
I guess they did not learn their lesson from December. When, because of lack of clarity, there was anxiety over the stock dropping while we were expecting news on device testing. In reality, there were no issues and it was just time to tap LPC. These scenarios hurt investors via that additional dilution they create.
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