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Re: Honeycomb777 post# 95287

Friday, 09/06/2019 10:59:44 AM

Friday, September 06, 2019 10:59:44 AM

Post# of 140482
I'd argue the primary fiduciary obligation of an R&D company is to deliver shareholder value through commercializing a saleable asset. Different than a cash flowing company. Get to market vs grow market share. That said, it's better to deliver a product to the market with a higher chance of success delayed than to put out a product with less chance of success but on time. Based on the wells fargo presentation it seems the reasons for this delay will increase the probability of regulatory clearance and thus well worth it. I'd argue the diligence in delivering the best possible product to market is the greater act of fiduciary responsibility in this instance.

I understand the frustration...more of the same and all that. I remain optimistic.