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Tuesday, July 14, 2020 11:14:21 AM
Let’s use the FDA official timeline. Which is 180 days from when application is accepted for further review.
So if this was a lock for review - the End of Nov 2019 would have started our Official review.
Dec 2019 - May 2020 is 6 months.
Factor in COVID delays of 1 month. Takes us through June.
Factor in 1 month for the “move” from China. Takes us through July.
So August is a reasonable expectation. I completely agree and hope this is the case.
However, this company has a history of announcIng any/all info that may inject some life into the stock:
Article for Peer review submission
Consulting groups Studies
Additions to Board
Defamation lawsuit
Many Human trial updates - when positive.
So why wouldn’t they announce updates on the Approval process if the news is positive.
Because there may not be any.
I’ve owned this stock over 5 years. Back then investors were desperately awaiting news of a major Military contract that would be worth a minimum 400 million a year.
Every now and then a little news would trickle out about potential military applications.
Then we moved to international potential of Hemostyp and put the military on the back burner.
For past two years we are FDA or bust.
So not my first time around this type of UHP Waiting game.
I just like to keep this board level headed. Let’s face it, there hasn’t been a correct timeline guess on here
In almost 5000 posts! That includes me.
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