No one is suggesting that Spana can expedite the clinical trial. Where did anyone say that???!! Spana needs to be pushed aside so that the BOD can be more creative in seeking funds/partnerships/licensing. Of course the drug becomes more valuable after PH III with an assumed acceptance by the FDA (My Jimmy-The-Greek Ouija Board says don't place your bets on this yet, however). But there must be some sort of impediment being orchestrated by Spana to hold on to the majority share of the company. When PE invests in a company the leave the owner 20-50% of the shares. This is what must happen with a serious partnership if PTN is going to get through PH III and then to market (again, IF they survive FDA scrutiny).
The king is wrong again! Perhaps you've looked in the mirror and realized that you've been far too harsh on this matter. About the world? I would love a discussion that doesn't involve the Fox News "Fact Book"
Gee... I don't know about that... Seems like "partnerships" take many different forms and the likelihood of PTN holding onto 100% is about as likely as my continuing to agree with Yanni. So you might want to go back to your Business 101 textbooks on that one, Ray. The BOD ought to light a bonfire under Spana's butt and get something done prior to Q2 of 2016. Otherwise, their stock options will be worth less than the paper they're printed on.
Naaaa... My wheat futures position says different! And... the BOD will probably throw out management that continues to think that they can hold onto more than 50% of their company in any partnership. Big Pharma will want Brem and the PTN pipeline but not at Spana's asking price. Sooner or later Spana will be tossed and we'll see some daylight. The theory on waiting for PH III for 2 years is BOGUS. IMHO something substantial will happen sooner than what's being suggested here by the pundits, once Spana gets tossed.
Yes, you've heard this before, but with a market headed up again and PTN lagging behind, there's a compelling set of evidence that someone's playing with the price once again bidding small amounts to move the stock down. The question is "where will you be when PTN breaks through $5 a share?" Hopefully not getting played by the shorts here....