First off, great news this morning hiring an outsider auditor. They continue to execute their plan, slowly but surely. I am disappointed they failed to get current this quarter though as they stated in January. It makes me wonder what their CFO has been doing since then. That said, this is only the first step and we'll need to see if the numbers they've reported for the last two years have been accurate. Something tells me they are accurate as it makes no sense to make numbers up and PR them, only to hire an auditor to prove they weren't.
Anyway, while 69m shares is a decent amount, there are some companies that have much more, agreed that it's nice they've at least limited dilution.
I'd also really like to see the IND approved, but I'm not sure they need this as much anymore with their GIOSTAR understanding, since they have their IND approved. Still though, disappointing on the timing and hopefully it still gets approved. As far as readiness, they are finishing up expanding their manufacturing capabilities, but this has also been delayed until next year. Once this is up and running, I have to believe they'd be ready for any large scale trial given the opportunity.
And good luck waking this board up! There used to be a lot more discussion on here, but hasn't been much for over 2 years now.
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