FluoroPharma Medical, Inc. (FPMI)

[Rhodey Red]

New 10K was released today. Been digesting it this morning. Biggest bit of information is regarding BFPET P2 trial. 10K states that "the process for enrollment in this clinical trial has been progressing slowly. We currently expect actual enrollment to commence in the first half of 2014." Not devastating by any means and so far the PPS is holding up ok (down .03 in light trading at 9:50)
Another piece of information is regarding VasoPet: the company is clearly still trying to determine what they are going to do within this "valuable therapeutic area of plaque imaging". They state that, "in light of the limited remaining patent life and our cash constraints, we are not currently allocating resources to this program." Again, not devastating news because we were always mainly focused on CardioPet and BFPET development.
Cash declarations stay consistent with company reiterating that they have enough cash through August '14. The rest of the 10K is quite standard and I will reread it again this evening when I get home from work.

Have a great day everyone!!!

RR