GREY:IPHAF - Post by User
Post by
BornReady1970on Oct 21, 2009 3:16pm
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Post# 16409299
ISA is busy
ISA is busyI called in today to seek clarification on when the milestone payments are due. I was informed they are paid upon approval in the US and in Europe. One for each approval. When asked how much they would be she replied that that information hadn't been made public at this time and couldn't disclose it to me, but she did indicate they would be significant. She mentioned that folks at ISA are very busy preparing the applications and sounded genuinely upbeat. I assume it's been awhile since she's been able to give good news to an investor and she liked the change.
I have been waiting for the NDA announcement to strenthen the share price. The fact that the NDA is comming and we know for sure Lux has the $$$ to pay ISA for preperation work, materials and ultimately milestones is better news than I had expected. For anyone that bought in recently, or had cost averaged down, this is fantastic news for long term bitter investors it's just another potential hope that they are too jadded to believe in.