GREY:MDCGF - Post by User
Post by
Jentaion Jan 14, 2011 5:16pm
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Post# 17975457
Update
UpdateI talked with IR this afternoon. Results of phase2 (H5N1) will be coming out as schedule at the end of the month. The exciting news for me is the fact that a phase 3 is not necessary ( I always thought it was for this particular vaccine). They will apply for a “production” permit which can be (has to be) renewed every 18 months. Other vaccines will be developed and tested in 2011 and 2012. This year, they intend to issue a press release at least every two months to keep investors well informed. They are very excited concerning the prospect of the company. NO PP IS BEING PLANNED. Apparently Paradigm Capital did not lower its $2.00 plus target...their deadline is.