Sean, Ricardo posts with an echo, forming most of his posts by reposting what other posters had written in a manner that distorts the original message. That is a big yawn. Regarding the conference call, I reaffirm how I see it important that PPHM investors listen for themselves, so they have the necessary perspective to form informed judgement.
What is different this time? Compared to what? China work with Shanghai Brilliance, LOL? Steve King made statements in the CC that affirmed how PPHM's interest in China is for their market potential. He redirected the question away from anything lung cancer treatment.
If you mean since three months ago, nothing is really different. Money is being spent at an accelerated rate on trials and PPHM reported losses are up accordingly. PPHM has updated shareholders about the progress they are making on their business plan. I observe PPHM is in a time gap between the March announcement of introducing Bavi for first treatment of humans in the Phase 1A study and announcment of Phase 2 trials. In the CC, PPHM notes how IB results might be released in January/February, cancer results in the Spring and India Combo results late spring/early summer. PPHM reporting of trial results from multiple human trials within the next six months or so... now that is different. Cotara and Bavi are in active human trials which, if demonstrated to be successful, may help deliver 2007 as the "breakthrough year" that Steve King mentioned.
Why were investors posting here expecting a quarterly earnings report conference call to be the vehicle for announcing major trial results? I wasn't. Even when delivered, PPHM clarifies 1B trial results are a safety demonstration stepping stone that is a necessary set up step for more trials expected to initiate in mid to late 2007. When a level of demonstration is reached where a match of PPHM management expectations of their product value and what a pharma is willing to pay, that will be different. Is that what Steve King means when saying 2007 might be a breakthrough year for PPHM? I hope so.
Best wishes and IMO,
KT
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