RE: Milestone announcementPlayer,
If I'm reading this right, and BNC received a forth milestone payment, then we as shareholders have a valid complaint. We are entitled to officially receive this fundamental news. I can only assume that since there will be a phase lllb, that BNC has now qualified for this milestone payment, but hasn't received it yet. Otherwise they would be rquired to formally announce this.
Also if I read today's BNC news release right, it sounds as if BNC has requested the halt. So who were they protecting? Or better yet, who were the screwing? The only thing that comes to mind is that they were protecting themselves from something. I just hope they really didn't offer stock options to their "buddies" during the halt, as someone has suggested. For if they did while requested the halt, then something serious needs to happen.
Based on what went down today, something isn't right. I just hope that it really is a justified halt. I've seen similar or bigger increases on other stocks without news and no halt required. Yup those shareholders reeped the benefit of an up day. Come to think of it, even BNC had suspicious SP upward activity without news earlier this year and no halt. Perhaps today's halt was related to that same event as some shareholder griped about a possible leak then, almost as to blame BNC for the leak and doing nothing. Go figure.
I'm sure we will know soon enough.
TC9