IMV Inc IMVIQ

RE:RE:RE:RE:RE:RE:RE:Need for Explanation

[antisense]

We all get that as investors but what is really making investors angry here is the fact that IMV was so quick and vocal about putting out news releases that they would participate in COVID trials but are completely silent and lagging in putting out news that they can't or are unable to follow through.  To me that's just weak/poor management.  You have to be able to admit when you are over your head here and no one would fault IMV for not keeping up with these BIG BOYS in big pharma.  But this silence now is really just disprectful to investors and quite frankly unprofessional.

qwerty22 wrote:

... and it's the comparison with the USA which has clearly responded with impressive urgency. It looks like Canada is really just treading water waiting for the US or China or the UK to solve this problem.
The bar was set really high with Moderna/Oxford and nothing else is coming close to matching that, its revolutionary what those guys have achieved, its near impossible to be judged against that.

 

QM45 wrote: I share the frustration. It is starting to feel like a cash grab in the last 6 months with nothing but empty promises and broken timelines. Not sure why these guys stink so badly at IR. 

Best thing to do is to contact IMV and ask hard questions. Otherwise mngmnt is not held accountable. They generally responded promptly. 

My instinct is still this is Canadian bureaucracy at it's worst.