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Eagle25

01/03/23 12:25 PM

#555838 RE: CherryTree1 #555830

I agree with your premise, and I think the SP will be worth much more in the future as milestones are met. However, I have no prediction for the timeline of progression and quite frankly, I don’t think management does either (at least, not a solid prediction). Too many external actors are in play and they impact the timeline. That said, I’m not selling one single share. I’m going to continue to enjoy the banter on this board and appreciate the fact that I have a high risk tolerance.
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exwannabe

01/03/23 12:40 PM

#555852 RE: CherryTree1 #555830

I believe that will be the case after approval which we heard at the ASM will be soon (2-6 months IMHO).


No estimated timeline for approval was never even hinted. They did not even provide an estimated timeline for when they would hope to submit. No estimate for the MIA. No estimate of when Advent will complete SOW 6 (another prereq.. for submission).

IMO there is basically no chance they will submit a MAA/BLA in 3-6 months. Based on LP's actually statement that they still have substantial work to do on the submission.