Vivos Inc (RDGL)

[konshe]

IDE was not approved on time, FDA and CEO both side must take responsibilities.

CEO's mistakes:
1, didn't make clear to ask FDA: what kind of all requests FDA needed and with written notice, not oral,
2, CEO didn't employ a smart lawyer to protect company's interest, If FDA did some wrong, CEO can use lawyer to sue FDA.

FDA's mistakes: 1. FDA didn't work hard to finish the review application on time, 2, FDA didn't tell RDGL all of requests with written notice about IDE. So, 5-10 % of requests still left.

Suggest CEO: This time CEO must correct above two mistakes to protect company and share-holder's interests. Ask FDA all of left 10% request in written, and mean time engage a lawyer to protect RDGL shareholder's interests.