RE: News?"McCaffrey noted, 'Due to the successful early trending of our Phase 1 program we have decided that upon official completion of the trial, FDA discussions and approval, we will be expediting our plans for a Phase 2 trial."
Huh? No pending sale?
"This could shorten the time to reach our Phase 2 trial by several months. In addition, follow on studies in cardiovascular disease patients are being discussed with potential collaborators. "
Huh?I'm really confused now will all that talk about a "SALE' soon being changed to"This should shorten the time to reach OUR PHASE 2 TRIAL BY SEVERAL MONTHS".
Would someone like to explain the difference between a 'buyer' and a 'collaborator'? I know my definition but what's yours?
Oh, yes, I like that word 'Potential' too. I have the potential of having a heart attack but that doen't mean that I will have a heart attack.
Did someone say a possible sale early in the year? Now what year might that be?
I'm not knocking this stock. I'm just trying to compare the news with all I've been reading from those who seem to have their "contacts"[LOL].