Thursday, April 11, 2024 2:28:35 PM
I know it's not fun and I'm right there with ya' on the terrible management, but just give it to at least the timeline we have.
I have told y'all (and management has matched this sentiment) that there just isn't going to be news until MHRA decision. We're waiting on that for all the other wheels to start rolling. It may well be a huge train, but none of the cars will start moving until the engine (MHRA approval) goes.
We had confirmation when management's paid spokespeople (Smith on Stocks and Hoffmann) both put out at almost exactly the same time (January) that the company is going to be tied up for months with MHRA and won't be working on anything else. We likely still have a couple more months of quiet but interest should start picking up in June, and in my opinion the big near term run will be -before- approval, not after.
It's frustrating to sit in the dark and wait, and it's too risky for long term holders to have sold in January and bought back in (we're all just guessing here, we could get approval tomorrow, hence the risk); but I think we got pretty solid guidance at the end of December on when to expect developments and we're just not quite there yet.
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