SRI and STWA are now turning to Phase II testing, which will again occur in SRI's Birmingham facility and is set to begin in June. Phase II is expected to last no more than two weeks, and as such STWA expects to receive the final results near the end of the second quarter, 2015.
So, we can presume that unless there was a hiccup - which, we hope, we'd know about - they have those results in hand.
One never knows what to make of all this. Are they sitting on some killer results, and waiting to announce them once they line up the IB funding and announce an acquisition target? Or are they sitting on them until a deal is somehow more on the table? Just to make more of a bang, with a bit of a coordinated strategy? Or are the results not very good and they are still tweaking and praying, and don't want to publish? I would honestly not be surprised by any of the above scenarios.
Think I'm going to go back to ignoring all this and just waiting for the 8Ks. What a trip.