Synaptogenix Inc (SNPX)

[Cyosol]

What do you mean by FDA trial? I'm pretty sure all these clinical trials are performed by the biotech companies in collaboration with contract research organizations.

If a company lies about its collaboration with a third party then there's a reason to assume they might be lying about something else, which justifies a stock price drop.

The FDA looks at data and assists companies with grant money, but I don't remember them being directly involved in any trials.

I could be wrong of course, but that's how I remember it.