It's amazing how jumpy lots of people in this board have been whenever Les talks. Instead it would be good to have a steady mind and some common sense. Actions such as flip flopping, timing the market is utterly dangerous in the game this late.
It should understandable any decisions and discussions from the company would have the consideration of naked wolves in mind. If not we investors shall demand one.
Investors in this company should also understand the naked wolves have always been waiting for any moment of opportunity to pounce. So we should not expect the company communicates anything definite over matters of significance, particularly from Les as General Counsel.
So the recent messages are of two fold:
ONE: definite message such as no news is good news (it's true as of May 9 according to Les, and March 27 according to the Q which also suggests it is true as of its issuing day of May 10), and that for the MAA -- no any amendment or change to the original as of March 27 (also suggested from Les' talk as of May 10).
TWO: indefinite message for the sake of preventing the naked wolves from pouncing at any moment of opportunity if something said doesn't pans out. For this part, Les has always received due and oftentimes outsized investors' complains (note: naked shorts have no rights to complain whatsoever despite all over the map).
Conclusions:
MHRA may approve DCVax-L within 150 days because the MAA is on trace for accelerated approval. or
That approval may be delayed to the fall because a major but not fatal RFI arises after the Q or a RFI arises during/after inspections which according to the Q it has not yet happened as of 10May.
Investors should not in any way struggle or be too anxious. Let that burden the short all the way to approval and after; Instead investors should just be relaxed holding shares or adding more.
Bullish
