RE:Quarterly UpdateLets see if I can decipher "HowieTalk"
WannaBang has finished phase 1 with our SGLT2, hooray after 8 years... We also need more time again for something to do with potential partners doing their due diligence or whatever again. New indications for weight loss or slowing renal decline is something we are looking at too (yawn). That will take a few million dollars of phase 3 trials and another 20 years to show at this pace.
They confirmed that Huaxi is indeed off the table as a China partner, this was hinted at from the last update but it usually takes Howie a few updates to finally come clean. But do not worry, there is always another un-named potential partner that is seeking interest in us...
Looks like they have another investor package to hand out from their booth at conferences. Anyone remember the fancy USB folder they were given out years ago? Well now its been augmented with more stuff...
Looks like they will be spending more money to improve production scale up processes.
Looks like they abondoned their current lead ant-aging candidate and now looking at beginning the process again with a bunch more Anti-Aging molecules they produced in the lab and found a new lead. What the heck? This is reminicient of when Howie patented a handful of other skin lighters a few years ago that resulted in nothing.
The .4% trial is completed but the results are proprietory to someone else.
So bottom line is like an old record, everthing is just taking more time, some unexpected delays but Howie is hopeful all will be well in his head someday.