Anavex Life Sciences Corp (AVXL)

[kund]

Just because Misleading said something or made something up doesn't mean it has been proven in clinical trials. He has a habit of making things up as he goes, with no strategy and no direction. As far as schizophrenia is concerned, that trial is still in the proof-of-concept (POC) stage. Actual trials and results are at least a decade away, which is why you see many zeros in front of the number and not after it.

He talked about the Rett design, but that new trial is another five years away from starting. In February of last year, he said the Parkinson's Disease (PD) trial would start in 2023. Here we are in mid-2024, and he is still talking about the design of the PD trial. He has no sense of timelines or share value because he is making easy millions.