Carbapenem resistant bugs(Enterobacter)in the news recently are gm negative. Brilacidin likely has little or no activity against this bug, and the other CTIX drugs that might be relevant are far far away from clinical use.
Monday, 02/09/15 07:38:01 AM "I would not be surprised if Leo does not release much news before uplisting. Why release good news while you are on the OTC/pinks, where there is such low visibility? That is my thinking anyways... Also IMO, uplisting, and news in early March would counter any Aruda worries out there."
Maybe one reason for the lack of press releases and silence has nothing to do with a quiet period, etc. If you are in the midst of a negiotiation, regarding licensing, partnership and maybe an equity stake kicker, maybe, just maybe, if its important to the company, in an effort to be forthright, honest and sincere, you would not release press releases to try to boost the stock price, while negiotating an equity kicker. Especially on a thinly traded stock like CTIX.
I believe that what you just described is one scenario for a quiet period.