"They have until 5/13 to obtain compliance. ... Let’s see how the rest of the week goes. They’re very overdue for an update too"
1) Compliance by 5/13? ZERO chance. Biotech operates in terms of years (sometimes decades)
2) My all-knowing prediction: the upcoming presentation will simply be yet another rehash of what's previously been presented with only very minor differences (if any at all).
=================== Why such bravado?
From Newton's Three Laws of Motion: Every object in a state of uniform motion will remain in that state of motion unless an external force acts on it.
PHIO/RXII's truly dismal track record virtually guarantees "no external force" is forthcoming ====================