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Re: jerseydavey post# 48619

Monday, 03/11/2013 1:59:37 PM

Monday, March 11, 2013 1:59:37 PM

Post# of 158400
I will have to disagree with this. We can agree the FDA has 30 calendar days to deny the IND application. We can also agree once the 30 days is up that means automatic approval. Those are FDA rules. Now SEC rules are you have 4 Busineess days to release news. Now the FDA could have waited to the last minute to deny the application which means they had until last Thursday which means BMSN has until tomorrow to release the news. Now I do not believe FDA would deny the application on day 30. What seems to make more sense to me is the FDA granted automatic approval to BMSN. Now for whoever who been in this stock for has long has me will know that David Koos does not release any news unless he has to. I am sure if he could get away releaseing no news he would do that but he can not do that. He now has to follow Sec rules which means you has to release news by tomorrow. This is my feeling towards it though but we will have to see soob what happens.

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