I wrote recently that I had the feeling RGN was going to "back burner" the heart trial to save money. Now RGN pretty much admitted it, as I figured. Guess not all bad news. It MAY halt them from doing another massive puke down PIPE deal at 10 cents a share to fund the heart.
Still? I don't trust Finklestin. RGN seems to have no issues with one manufacturer to get liquid TB 4 that is FDA approved and GMP....for the eye trial. So why doesn't RGN contract with THEM.... BUT? RGN cannot find a GMP place to make liquid TB 4 for injection in heart trial? It makes no logical sense. Unless you are not telling the truth. the truth is RGN HAS a place to make GMP and FDA approved liquid drops for EYE trial. Use them for heart!
The real truth is RGN didn't have the money for the heart trial and they saw that they destroyed the share value so badly.....to 16 cent print..that all future PIPE deals would probably destroy what is left of ANY equity value. So Finklestein makes up this ruse about GMP..to halt the heart trial.to save money. which I suppose is a good thing.