Could there be a study underway right now that was cancelled then (June 2009) but then rescheduled (Nov 2009) and continues to be underway today (March 2010)? Anything is possible.
This company has deeper connections in the new-aged stem cell world and it is maturing rapidly. I believe the revenues will reflect it. If not now then soon!
From that list I posted of the 150 companies that are entering a new $6.9B cures marketplace the standouts for this discussion are:
1) PLURISTEM THERAPEUTICS INC. (NASDAQCM: PSTI) Proprietary Technologies Place Pluristem in the Vanguard of a Cellular Therapeutics Revolution - July 2009 http://www.pluristem.com/Griffin_PSTI_Initiation_Report_07July09.pdf This was on then off... might account for the CEO's statement not materializing. Osiis Therapeutics listed on page #2