Y0u haven't been watching the market recently. One day plunges for OTC:BB has become a norm ahead of major events. The pattern that set it up and allowed manipulators to execute the bear raid was already there. All I did was see it and call it. Last one I called was 10 minutes before it happened to another stock I watch. "out of nowhere."
But you do understand the FDA has nothing to do with the start of clinical trials, right?
It will be some period of time after that before the FDA gives IND approval. So, if all goes reasonably well I hope to see phase I trials start early in 2015