I like your theory and explanation and I do agree with most of it. My problem is the lack of transparency, that's always been my biggest complaint. They didn't have to wait until 2 days before the end of quarter (AFTER a mass of shareholders sent them very disgruntled emails) to release an update telling us the timeline has been extended once again, just a total lack of respect for shareholders if you want my opinion.
I agree things like this take a lot of time, but we even discussed this morning that they INTENDED to start a trial back in 2015, where the hell is that or what happened or did they just start a trial in 2017 that they discussed originally in 2015?
Obviously I'm down a shitload of money, from the outside looking in nothing has changed and NOTHING justifies this ridiculous drop from .055 area UNLESS there's something we don't know.
Anyway, have a great Friday and a great weekend, I refuse to let this ruin mine!