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Re: midastouch017 post# 2778

Tuesday, 10/08/2019 11:15:11 AM

Tuesday, October 08, 2019 11:15:11 AM

Post# of 3988
The stock has been at the low price of 0.5 for a year before this, the situation hasn't really changed since then in any negative manner per se. Just market emotions, and a stupid 2Q earnings update on the company's financials.

And if we look at it, the 0.20 where we are now was common before the R/S news. I'm not saying it's good that the SP is where it is, but that except for what I perceive as funds to bridge the gap to AA, we have a great product in PRX-102 and a lot of the push down has been down to poor scientific understanding by the lady CC Abbott on SA which is an influential forum and for which I wouldn't be surprised if she is benefiting somehow from writing the poor and biased articles.

The Shareholder Meeting to vote on R/S authorisation is for December 9th. Bridge Completes on 17th-18th Dec. Given it's open label the results should come out soon after. I would doubt that the R/S would happen within days of the authorisation to carry it out.

Thus I would see the timeline as, R/S authorisation, then Bridge Data then R/S in the 1st quarter 2020, then the 'good news' after R/S being the AA submission to FDA. Again I would also expect some Bright Interim data too within all of this time-frame.

Hope I'm not coming across as too optimistic here. I know the mood is gloomy :)
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