Getting close to about halfway through their 3 year contract extensions announced back ~ q1 2014. Hope they are working on the renewals. Need to lock up talent when you have it.
They did not say "through January 2016" that is your embellidhment to support your sell position. Please deal in facts.
They didn't move "the results" up. They are blinded from the results and will remain blinded until data read out. Enrollrmnt occurred faster than planned which means the required number of prespecified events occurred faster than planned which means the DSMB will provide a recommendation in Oct to either continue the trial w/omodifications, continue with mods, stop for futlity or safety or stop for superior efficacy. Most likeky they will recommend continuation w/o mods, but one never knows.
The only plan is to milk the cow for as long as possible. Remember when he "pivoted" to 065 after futiliy failure? So where's the progress, that was 8 months ago and not a peep. The 2b has been in feasibility paralysis for a year and a half nearly. He is running a scam. The company does nothing. It has a decade old website, a phone number, an address and a bi-weekly payroll for Spiro. We might as well have just written him checks directly. We could have saved the brokerage commissions.
I said he did not say "through January" - there is another quote where he said "next several months". Most people do not expect "next seversl months" or "by year end" to equal through January 2016". Again, it was a deliberate exaggeration by Eric with intent to spread misleading information. And why are you answering for him? I addressed my post to him, not you, or are you working second shift?
The analysis takes time. The event total triggers the analysis. Once the DSMB performs the analysis and makes their recommendation the company has to disclose virtually immediately as it is a material event. One has to remember that enrollment was ahead of schedule too so therefore that could account for more events occurring earlier than planned. We just don't know, but I would be more concerned with a delay because that often means the control arm is performing better than expected. Again the company is blinded from the results the DSMB will either do 4 things: recommend continue as planned, recommend continue but with modification(s), halt for futility and/or safety or halt for superior efficacy. The likelihood is probably in that order.
Do your own due diligence. The time it took you to type your post you could have found your answer. Try the Google machine.
Eric, while the cashless warrant situation isn't pretty, neither Dodd or Turpin said "through January 2016". That is a fabrication on your part. Dodd did say "likeky for next several months". There is a difference between next several months and January 2016. Although I agree the method of financing was irresponsible. Why can't people objectively discuss things versus trying to manipulate others? You and "allin@xcents" are made for each other. As a matter of fact, it is common practice to have badgers adopt a "uber long" alter ego in order to make the long case appear incredulous. In other words, I you sir have an agenda. And no I am not hyping the stock nor recommending anyone buy or sell it. So don't label me a pumper because I am trying to deal in facts.
But I do know not to trust anyone on a message board. Read for good humor, but the truth probably lies somewhere in the middle between the 24x7 bash and pump a thons. GLTA, but would be nice if people could be civil and respectful. We're all adults right?
The Company can't just "move up" the interim review by the independent data safety monitoring board. The interim review is a function of enrollment and event rates of which the company has little control over the former and none over the latter.
An open label trial does not mean that the trial sponsor knows the results of the trial. It simply means that patient knows what treatment he/she is taking as does the physician. Trials are conducted at many different locations and the sponsors are blinded from the results which have to be aggregated across all the sites. I'm not arguing that management is a doing a good job (they arent) simply that they remain blinded.