TSXV:LBL.H - Post by User
Comment by
boarmanon May 05, 2020 11:43am
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Post# 30987960
RE:RE:RE:RE:RE:RE:Website makes no sense
RE:RE:RE:RE:RE:RE:Website makes no sensethanks, you're right I'm a newbie, I re-read their release about recruitment and there's no mention of needing any approval to start, just that they were recruiting. Wouldn't this imply that they had the approval to hold the trial? Perhaps they havn't recruited 10 patients because, like you say, they don't have fda approval for the trial itself.
I was just googling whether or not clinical trials require fda approval but you answered that.
So getting back to the news release about the trial, it's basically fluff (?) with them stating, hey look, we have this idea we'd like to try, and everyone jumping on it because it was covid related.
I know I bought in, but I'm kinda concerned that after getting market interest with the trial announcement the first thing they do is sign a deal with alumina, issue options and stock to insiders and so on.. it feels more like the trial announcement was financially driven.