We already know what the results are...failure. That's why SPA trials are necessary. This company has been sitting idle on the issue because they have NO money to perform the NECESSARY trials which will take a minimum of 6 years worth of work to complete. Jonny stop lying and pumping. If this company can't find a backer/partner or get acquired they are going away. It's that plain and simple. So your news is not new news and is a fraud. It's similar to what ARCA did by repackaging old news to look new which temporarily boosted their stock price. A bit underhanded to me. I guess they where desperate. As for new investors: if you're seriously looking at a message board for advice on whether to invest or not, you're an idiot. Do your research using reputable sources not some anonymous user on a forum.
How would an initiation of a phase III trial be a good result? You get data from trials. The trials themselves aren't results. Besides ARCA has already had trials that the FDA REJECTED and so must do a supplemental trial (SPA) to even try to get another shot at approval. Your logic is nonexistent troll.