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Tuesday, March 08, 2022 5:47:25 PM
DNDN had very activist investors, I believe they attempted to go to Congress, threatened to sue the FDA, etc. I really don't know that they didn't create more animosity than gaining constructive support.
I believe that we should wait for the data and then see what the regulators, and the media does. Right now if you did get the attention of a media outlet, what are you going to tell them. You can tell them Dr. Liau knows, so does the company, but they're not talking.
Even in the case of DNDN, I believe they had the trial results before they became so active. There were a few delays before they finally got an approval, and sadly the company failed, even though the drug was approved. Before it failed, it did hit big highs, and those who traded at the right time made a lot of money, others lost their shirts.
I believe out management has a plan, and I believe they'll be successful. A big part of it is FlaskWorks, I believe they're working hard on that as well as the BLA and assisting with getting the Journal out. In DNDN's case, if they had a device similar to the FlaskWorks unit, perhaps they'd be successful and still trading today. A lower price point might have led to far greater sales, and they could have done it with a device like our FlaskWorks unit.
Gary
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