Replies to post #12887 on Guided Therapeutics Inc (GTHP)

[Franken-vestor]

I'm betting you are correct and that CFDA wont even be started by then. Reports of this or that happening in a specified number of days months and years have mostly proven incorrect (except for the RS cancellation, of course).

[GetSeriousOK]

CFDA approval by July 2019 is impossible since Shandong hasn't even submitted the application yet.

But since Guided has nothing else on their plate, I'm quite sure they will re-negotiate with Shandong. Guided already overlooked the way Shandong was a year late on making the second part of that $1 million payment.

I can't see Gene giving the license back to Shenghuo because Shenghuo isn't going to fare any better in getting CFDA aproval.

I sure wish Gene or SOMEBODY would reveal what Shandong is planning to use in their CFDA application to prove efficacy (or to prove safety for that matter).

What has Shandong accomplished? They got $1 million in stock for their $1 million payment so they haven't paid GTHP anything yet, really. It's made for some shiny press releases but nothing else, so far, that we can prove.