“A second clinical study to be conducted on a healthy toddler population has been approved by the ethical committee and is about to start in Q3 2022. Else is working on final preparations for the infant growth clinical study for the FDA and European permits planned to start by end of 2022.
In 2023 the Company plans to continue research activity demonstrating the safety and tolerability of the infant formula as well as provide scientific support for Else products including preparation for additional clinical studies.“
Unless there is an infant formula demand so high that there is some sort of fast track of the product, it could be 2024 it seems. Billionaires could invest now to protect the share price and retain current investors since this is their world and this product may be essential to holding together the fun they have in it. In fact not doing so would be ethically irresponsible in my opinion if there is even a chance this product could solve the baby formula shortage, allowing this stock price to decrease below .60 would be completely neglectful on behalf of the most wealthy in this world imo. In general, There has to be more investment in possible/probable solutions if the world is going to progress, and that isn’t happening yet due to Greed and fear of losing money or not being a practical investor. Sometimes the ultra wealthy have to go all-in on solution based investing to move the world forward and sometimes those risky investments have moved the world forward even if they weren’t perceived as practical at the time, Apple for example was once 1.00 a share etc. No babies would be at risk if Apple didn’t get invested in, that makes this stock more important to life in earth than Apple was when it was in this price range, name another stock this far along in the FDA process trying to solve the Baby formula shortage with peer reviewed publications. It’s just funny to me how even with the urgency of the shortage you have Billionaires destroying the small investor base ma of multiple companies in energy solutions etc as they wonder and worry about the right time to make a major investment in a proven solution trading between 0.00 and 5.00 a share. Every day that goes by that more small investors lose money or are not elevated to mid-wealth investors means another day of risk to the financial markets. Billionaire’s hoarding money and investing in Netflix and Apple and Amazon only is not a sustainable or smart long term investment decision. Nomine can eat an IPhone or a Netflix series, and investing in Amazin at its current expensive price after the split doesn’t elevate small investors. All imo.
my posts are always theory and not financial advice
