Thoughts? It says NOTHING different about MIRROR than what was just in the 10-K. In other words, there is NOTHING known about an "update" on MIRROR at this point IMO. Nothing.
Last "update" then was July last yr, and ONE patient was "enrolled". It appears to be going nowhere. That is all that is known at this point, again, my opinion but the 10-K and now this "blog" of all things, seems to back that up. If there was more information and important progress, it'd be blasted out in 2 seconds in Pr's all over the place, again IMO.
Other than that, "blogging" about stuff going clear back to Marvel and what not? 4 to even 7 years ago in some long written "re-cap"? Why, for what purpose? After the 10-K just gave the financial realities and what is going on TODAY or in the last few months? It's like a big sales pitch/re-hash to me, and MIRROR is just buried in the clutter of it and then gets a line or two, saying something about, "it will depend on funding"?? Doesn't mean much to me, IMO.
All the other "new" stuff, essentially says to me, "we're going back to square one stuff all over the map- in fields that are not the "heart" and just tossing stuff all over the place"? Why? Is this a grand new business plan? If you can't fund your flagship product to completion, then WHY start up more and more, what, a dozen things (I'd have to read and count each one) that will all cost money IF they ever even move from some doctors office "investigational" level at all? Why? What money is going to pay for all that "stuff" as your flagship product, just as it did with Marvel, sits parked on the side-lines?
It makes no sense to me. How can a few people possibly be doing all this "stuff" spread all across many continents now and with very little money? How? It smells of "no plan" or just "toss stuff out there" to me- and that is only my opinion. But it all seems vague again, scattered, no focuses plan, more and more "medical tourism" and "off-shore outside the FDA" type stuff.
I just don't get it or see where it's all supposed to be going anymore at this point? When you have very little resources- as in money and people, my opinion and experience at watching successful business is, is you FOCUS and NARROW down to your core competencies, not scatter broad and shot-gun into everything under the sun? That's my opinion and 2 cents on it. I got nothing from the "blog". The 10-K says the real story IMO. It's all about cash/money and eeking out enough to limp along IMO. That's all I got. Mirror seems to be a "barely mention" now, and MIRROR IMO was supposed to be "it", the end game. Oh well, some may find a "blog" to be exciting or whatever, I see it as similar to a "PR" but even a notch below it. It's not binding as far as I know, it doesn't even contain a SEC disclaimer at the bottom as a PR would/does. It's just someone "blogging" IMO- something to read and take what you will from it. Doesn't excite or interest me in the slightest. I'm not aware of most, if any, listed companies using "blogs" as a way to send out official company or corporate communications? I could be wrong, but not used to seeing it at all? My normal experience, is official CEO or CFO or other company official communication comes through press releases, SEC doc filings, or in formal "talks" where someone, say, like Apple invites the press to reveal/release a new product- but I believe in those events they are very careful to not make financial claims or disclose info other than "revealing" the new product. All other items like sales projections or revenues, as far as I know, are typically done on the formal conference call after say the 10-K is released, where investment and financial press are allowed a Q/A session with Sr. Mgt and it's "on the record" and even then, they often refuse or do not answer particular questions, other than in generic form.
My 2 cents.
AI
