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LakeshoreLeo1953

08/19/17 8:52 AM

#116137 RE: sliceanddice59 #116080

While helpful, all previous studies would indicate it is still
insufficient. Rett is two year grant based on performance metrics and MJF has not previously "totally funded" any trial.

The Australian Government has been accommodating, but how the awaited
new US regs affect future foreign aligned/funded trials is unknown.

Bottom line....the current burn rate without ANY trials makes LPC
or similar likely within two years. Definition of uncertain/speculative/gamble investment to me. I have placed my bet, but remain nimble in this Market.