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Isotechnika Pharma Inc IPHAF



GREY:IPHAF - Post by User

Comment by macbethorfauston Jun 29, 2010 1:43pm
563 Views
Post# 17231357

RE: RE: JUST CURIOUS, Pluto5-Macbethorfaust...

RE: RE: JUST CURIOUS, Pluto5-Macbethorfaust...

Plato, I just cannot agree with your take on this.  If they called the meeting in the first place it was because they needed one.  If they cancelled it specifically because of unresolved issues that surely cannot mean that they cancelled it because in reality they suddenly decided they didn’t need it.  I would say the opposite of what you are saying i.e. that if the issues are minor, that they would have used the forum of the meeting to resolve them.

I like tcdrugs post except that I am still bothered by the comment from ISA that they don’t expect any word until the formal action letter.  It is the same concern that the Wall Street Journal article expressed that the meeting was cancelled but not merely delayed which is what you would have expected if it was just a question of extending time to allow for more information.  A formal action letter is either an approval (very unlikely given the outstanding issues) or a “complete response letter” i.e. a rejection (albeit it one that might, we hope, require resubmission of some easily supplied info – although the fact that it wasn’t supplied already is a bit of a conern)

ISAloser I am hanging around because I am still looking for an opportunity if one arises.  If you read my post you would see that I specifically said I might come back in if it looked like a good opportunity.  I don’t see it yet. 

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