There's been so much misinformation, rumors, half-rumors,pumping, bashing and outright fabrications ad nauseum, it seems to me Pernock was simply setting the record straight. He's not going to be pushed into rushing things before they're ready just to satisfy us (most of whom are traders, not investors, anyway). I'd like a fast run up as much as the next guy, but I'm willing to wait awhile, especially when it seems to me there's a real future here.
UCLA is not going to waste its time hooking up with a "scam" company. FDA is not going to approve a "scam" product.
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