He could have said "before" December 31 and it would have been any day up to December 30.
He said SIGNIFICANTLY before December 31.
Is the week of December 24, SIGNIFICANTLY before? I think not.
Is the week of December 17, SIGNIFICANTLY before? I think not.
Is the week of December 10, SIGNIFICANTLY before? Not really.
So where the F is the announcement?
The partner had until Oct 31 to resolve its internal task with an extension to Dec 31, if needed.
Dec 31 was an artificial date. It seems that it was certainly expected that the partnership would be signed before the 31st
At the CC when Rubin stated that Titan would have the partnership "significantly before Dec 31". He led me to believe that the partnership would be signed in the next few days. He led me to believe that he knew the closing date, that it was scheduled, and that it was imminent.
If the partner has until Dec. 31, why would you state that it will be "significantly before" if the partner had not yet agreed to a date before the 31st?
It's the same ole Beee Esss from the masters of Beeee Essss.
If TTNP is only licensing the addiction product usage, they will announce the new partner before the options expire because they want the money to continue their research in other applications. If the partnership covers all applications, they will only announce if the partner is a small entity not having sufficient capital to carry forward the research. Today if only one application or small. After options expire if large or covering multiple applications.
Forme it is simply a $5K bet. Owned it for years and echo everyone else's sentiment. Would be nice if they FINALLY return some value... but if not, such is the nature of speculative investments. Next.
If you have been following this company for at least a few months you should know that you cannot put much faith in anything they say. I know it is frustrating, I have been dealing with this for over 10 years, but there is no surprise here.