They acknowledged that they did not hit top line results and were expecting better. Program has been halted. With the insights they have if they had faith in the tech for IR they would continue. Not happening.
EXACTAMUNDO! Very similar to what Lasers had postulated right after the PR was released. Sounds logical to most. Market definitely over reacted possibly not understanding the true context of the PR.
Yes that seems rather reasonable - figure out with the FDAs help what the FDA thinks about the existing results. It wasn't as good as Elite was hoping for but is it good enough for the FDA??? And to get that answer IMO Elite would have to meet further with the FDA.
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