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Bullboard - Stock Discussion Forum IMV Inc IMVIF

IMV Inc. is a Canada-based company. The Company has no business operations.

GREY:IMVIF - Post Discussion

IMV Inc > Need for Explanation
View:
Post by Hideaway on Sep 23, 2020 12:12pm

Need for Explanation

Management doesn't seem to understand the frustration caused by their failure to communicate the reason for the HC delay in granting approval to commence the ph.1.
This is more than just the slowness of the bureaucracy. A more likely reason is that there was insufficient documentation filed with the submission and subsequent follow up queries from HC which the Company are having difficulty answering to HC's satisfaction.Hard to comprehend what the issues are but don't expect management to give us any details if all or part of the delay is of their own making.
There is also the question as to why the delay in publishing the preclinical results in a reputable journal?

Some of the more knowledgeable board members may have better explanations.Sure would appreciate any imput that could offer more clarity.

Comment by qwerty22 on Sep 23, 2020 2:42pm
It's very hard to understand because even though we don't have most of the details we do have some of the big things and we do have an insight into the international regulators expectations to start a Ph1 and both those suggest no delays. For example They were talking about completeing GMP manufacturing fairly early on and they've manufactured for a number of trials before, they ...more  
Comment by europe10 on Sep 23, 2020 3:25pm
We always question company and management when stock price drops. Human psycholgy
Comment by qwerty22 on Sep 24, 2020 11:43am
An update acknowledging the end of summer plz. Either 1) No outstanding issues, awaiting HC decision 2) Outstanding issues to be solved in coming days/weeks/months.  
Comment by TexasTea20 on Sep 24, 2020 11:55am
Been holding IMV for about 4 years and this is probably the first time I have felt like we may have a problem. The company doesnt seem to be able to get anything done in a way that is of interest to the markets. After investor forum after investro forum something just isnt resonating.Perhaps I'm an idiot for thinking this has legs as after a bunch of DD a few years back. We as shareholders ...more  
Comment by QM45 on Sep 24, 2020 12:35pm
I share the frustration. It is starting to feel like a cash grab in the last 6 months with nothing but empty promises and broken timelines. Not sure why these guys stink so badly at IR.  Best thing to do is to contact IMV and ask hard questions. Otherwise mngmnt is not held accountable. They generally responded promptly.  My instinct is still this is Canadian bureaucracy at it's ...more  
Comment by DaveInvestor59 on Sep 24, 2020 2:29pm
I contacted IMV three weeks ago and told them how I feel at the urging of another investor on this website. They never bothered to acknowledge my message, and I still have never heard back from them.
Comment by qwerty22 on Sep 24, 2020 3:34pm
... and it's the comparison with the USA which has clearly responded with impressive urgency. It looks like Canada is really just treading water waiting for the US or China or the UK to solve this problem. The bar was set really high with Moderna/Oxford and nothing else is coming close to matching that, its revolutionary what those guys have achieved, its near impossible to be judged against ...more  
Comment by antisense on Sep 24, 2020 3:41pm
We all get that as investors but what is really making investors angry here is the fact that IMV was so quick and vocal about putting out news releases that they would participate in COVID trials but are completely silent and lagging in putting out news that they can't or are unable to follow through.  To me that's just weak/poor management.  You have to be able to admit when you ...more  
Comment by EndZonefor7 on Sep 24, 2020 10:31am
Have we run out of excuses for this management team yet ? Are markets edgy right now ? Yes, but this has gotten stupid after how many investor forums. 
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