Feb. 3 at 3:12 PM
$TLPH I'm still hoping that they finished enrolling 35 patients, and surpassed it. But, they're waiting till the CC to announce it. Or, they're waiting for the stock to go down to a certain level, and then announce it.
When the announcement is made, a milestone, the next portion of investment is going to be made by the two funds and probably by
$CRMD. Those people may not be inclined to buy at value much higher than the price they paid last time (
$0.55?). They probably want to pay only about
$0.75.
So, it's possible the price will go down to about
$0.75, then the stock purchase deal will be done, then the milestone will be announced (35 or more have been enrolled), and finally the stock purchases will be filed with the SEC and made public.
You may think that this scenario doesn't make sense. But, I'm guessing that the alternative makes much less sense.