Who Knows Who is Playing Games???It's easy and understandable to get worried, frustrated and disappointed when "today" happens. The reality is, in spite of what some on here immediately try to convey as the ship appears to be sinking, is that testing is not going anywhere soon.
https://globalnews.ca/news/8664010/ottawa-covid-19-rules-cruise-ships/ The other reality is that only a fraction of the outstanding shares were traded today ...clearly this got the attention of some who sold on fear or through stop losses. It presented a significant opportunity for others to both buy and drive the sp down. Oh, and there was another bloodbath on the markets today. Even oil stocks jumped and then retracted below the levels yesterday.
I've been investing in THRM for a very long time and inspite of or maybe because of that I am no fan of the THRMAdmin explanation for the delay in submission. As has been suggested one would have expected that many components of the documentation required would have been wriiten up and submitted on their initial application.so there should have been little to do to expedite this final application. Having said that I (we) really know nothing about the FDA and its expectations.
From the beginning of the pandemic saliva as a sample specimen has been treated like the plague ...in spite of research that indicated it was an equally viable sample type. By Rob's own admission and to anyone else who has followed the development of AcuVid it appears they have had to jump through many more hoops to get to today. Even HC wouldn't do THRM any favours!
The issuing of $.20 shares and $.30 warrants suggests there is nothing nefarious going on here. Conspiracy theories are enticing but they do little to enlighten.
200+ million shares didn't trade hands today ...Why???