Satellos Bioscience Inc Com V.ICO

RE:RE:Why are news delayed???

[Alba1314]

HouseSpeaker007 wrote:

sovy888 wrote:
wasn't the co supposed to release test results early July?? we are mid July now and late July as of next week! what's going on , any clues???

 
June and July are two very busy months for assay labs. It is a timely process to ensure accurate numbers.

There is a high likelihood of a Monday morning news release. Shorting will be risky if the assays are good. A Wednesday release would be superb as shorters will have a harder time closing their positions before Friday.

I wouldnt count on any further details from the trial results lifting the SP. The meat n potatoes of the trial are known now. Thats why the last NR didnt do anything. The next major news will be regarding Phase II trials and how its to be financed: raise capital through share issuance or some sort of partnership? No word has been given when any milestone payments are due from IMNP. That would be good if we had more details. Personally, I think it's going to be awhile before we hear anything. I'm sure they have rough plans for a Phase II trial but they will need more time to put a complete plan together. I'm thinkinig late fall till any further news of substance, barring a surprise milestone payment