my thoughts and questionsThe clinical data
- The overall data was what we expected. Mostly the same %'s mainly because it is hard to budge a % when you are adding 2-5 patient's to each time interval. Nice to see the wave from last time's 180 day moving into the 270 day column.
- glad to see they have teased out the optimized data from the total. While that may not be allowed by the FDA for they data submission, it would help with how data presented to a potential JV partner.
- The newest 90 day arrivals are not great but that is statistics for you. If you reach your hand into a giant jar for which 65% of jellybeans are green, you are not going to pull out 6-7 greens each time. Sometimes it will be better or worse, slightly.
- There are very few new pendings which does not surprise me. I work in a clinic that recruits for thyroid research and recruitement rates are terrible EVERY summer. Everything get bumped to Sept or Oct.
- the optimized data set is interesting because it start with 45 patients at 90 day but only 29 have reached 450. So 16 patients are in the pipeline and not at the final timepoint. That means that the optimized data set will improve at the latter timepoints.
BTD update
- I agree with all who have posted. Nice to see clear specifics on BTD. It sounds like they are saying that the have had the pre-BTD dialog formally started with the FDA. Glad it is a dialog where they ask questions back and forth vs submit once and pray with not detail.
The share price action today and yesterday
- I have a friend who has been part of private placements before. He says that they usually have a deadline attached to them and the deadlines is always the end of the month for getting the funds to the company. I think that may be one reason that we have seen a sudden drop in these big asks of 100,000 or 200,000 shares at 0.25. Those lucky accredited investors have played the game and gotten what funds that they can cycle out and are now on the way to getting shares and warrants.
- if I'm right that the PP has happened then I bet that there will an announcement about the PP in next few weeks.
My questions
- can those who read financials (I can't) tell me how the monthly cash burn is looking. Would be nice to know how long they have on current cash?