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Microcap & Penny Stocks : Stateside's Canadian Microcap Board

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To: downandout who wrote (1701)9/27/2016 3:11:22 PM
From: PoorOpinion  Read Replies (1) of 1728
 
They've been promising the start of this trial for nearly 12 months. The last from the company was Fall, looks like its slipping to winter. It wouldnt surprise that it slides into 2017, promises seem to mean very little with this company. It's slightly worrying that manufacturing isnt yet complete, thats not a trivial issue and has the potential to introduce delays imo. From memory Spring 2016 they were saying batches were ready to go for the trial, this seems a step back from that position (at least not progress).

But look, its hard to believe the trial won't start so patience has the potential to pay off. And the company cash burn (outside the big trial expenses) seem low.
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