I gotta' believe DR learned from his "early 2007" blunder when he chose the word "imminent" for his previous PR. While the definition defies an exact time frame, I'm sure we can all agree that "imminent" does not mean the same as "weeks and weeks" or "before the end of next quarter". "Imminent" means this week to me.
Any further delay raises the ugly spectre of the underlying reason for the delay in the FDA filing, as clearly DR thought "early 2007" was a shoo-in. Equally clearly, Frank discovered otherwise. Is the delay due to admin, technology, past results or WTF?
Also delays mean money, which CTUM has very little of. DR's sterling reputation on this board is bolstered by the remarkable lack of dilution. Let's be honest: "early 2007" the DuPont contract, the LTC IPO slated for Nov. 2006....DR has made more than a couple of big-time forecasts that haven't exactly panned out to date.
If a dilution PR comes, overlooking those past promises is gonna be harder to swallow...unless of course there's an FDA filing first.
