Therma Bright Inc V.THRM

Why it takes sooo long for approval?

[Niranjan]

This is 100% me and what I think

I still think we wasted time in Brazil, and may be we tried to do some short cuts. that could be the reason for lot of back and forth inquiries from authorities. If the testing was performed originally in Canada and/or USA, I don't think it would take this long to get the approval.

Now we all going through the consecuences of trying to take short cuts (I guess) and by the time we have approval people are ready to live (normal) with COVID
May be I am wrong or I am not Just debating myself
I am still holding in to my shares thinking someting good will happen. Let's hope for the best !!!

What you all think

[Frescoz]

me thinks  there is 90% chance for approval which will  give shareholders  substantial gains from here, but it might take another few weeks

[hk1966]

Nirajan you may be part right. The Brazilian studies while bigger in sizes than many other approved tests occurred outside of Canada and the US. The FDA imin particular is nitpicky about these things hence it asked for an added study in US which was completed and sent in at the end of March. Also the added study was asked for because the rules of the game shifted last September requiring testing