RE:RE:Stupid BioCloud garbage forgottenYes, in at least a couple of news releases PG disclosed expectations of when HC results would be received. They should have been received a long time ago, he never closed the loop.
Some folk cite forward looking statement disclosure cautionary notes. But they miss or ignore the part that says something along the lines as required by regulations, which require all material disclosure to be made. If you as an investor think that having HC's endorsement is significant and it played into your investment decision, then it is material that cannot be swept under the safe harbor rug IMO. PG has put out a lot of positive NRs but shied from disclosing negative news....we all deduced them once results were announced.
End of July coming up and FBA resolution or another temporary fix required. Current disclosure makes it sound like there are no challenges and is clear sailing because they used much of the PP to pay off a portion of debt while the majority of it still remains and operating cashflow cannot pay off much of the principal. Financial statements tell the story.