Friday, August 02, 2024 1:51:36 PM
After the ASM, I told you all that the inspections hadn't taken place and what that meant for the timeline for approval. I said October earliest window but more than likely November. My sentiments were equal to market sentiments, thus the harsh drop in share price. You all told me I was an ignorant FUDster trying to make the timeline look worse than it was.
Today, we get news (maybe, it's still a matter of word play but highly likely) that the inspections are scheduled which likely means out of the RFI phase. To me (and the rest of the market) this makes it look like we are ~30 days ahead of schedule. I wasn't expecting to be out of the RFI phase until September. Therefore, even though a ton of you are complaining, this is actually good news. And lo, we're up 10%!
It's almost like I know what I'm talking about. Almost.
Recent NWBO News
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