TSXV:LBL.H - Post by User
Comment by
PingPong888on May 03, 2020 3:14pm
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Post# 30981388
RE:RE:After reading thru the details on Mesoblast's NR
RE:RE:After reading thru the details on Mesoblast's NR1) The US government had put a hold on stem cell research summer of 2019 due to poligical reasons to support religious group buy-ins
2) COVID came into effect winter 2019
3) Lock down in 2020 occured winter/spring of 2020
4) Worldwide desperation for tests, treatments and cures
5) Stem cells are being allowed back into research mode ONLY for those that do not harm babies (i.e. abortion). This applies to LBL - as it does not harm babies.
6) LBL is probably going through rigourous procedures with FDA and IROCC before annoucing results.
False claims can bankrupt this company.
If the results are good, this stock will move up trastically since it is one of the very very VERY few doing stem cells.
I hope I answers part of your questions.