Forgot to mention the most troubling thing from the 10-Q:
"Until last year, we were limited to performing R&D to develop drug candidates capable of further clinical development, but did not have the capability to produce the drug candidates in a suitable manner and quantities required for the studies to advance them into an IND stage and human clinical trials."
I somehow missed that memo. Maybe I misunderstood, or maybe the company thought they had the capability to advance into an IND but found out later they couldn't for some reason?
Maybe their plans really will work out this time. Potential is so big that am willing to give them another chance. Have not allocated any more capital here until further progress, though, showing they really can and will get a drug into clinical trials.