Thanks paladin, that is one of the more reasoned posts put out in the last week or so.

There was obvious excitement from the company earlier in the fall about a potential deal and the ORI conversion was a really big tell. 

So what may have caused a delay this time? If the company has come to an agreement with a potential partner what would cause it to be drawn out even longer? COVID may have a big part in this delay. If a partner is looking at putting a large chunk of money up front and then paying for a trial we could be talking about a commitment of $250 million or more. If there were an indefinite delay as a result of this second wave of COVID then it would be reasonable for the deal to be delayed until there was greater surety as to when a trial could start and be recruited with any reliability. I don't know what it's like elsewhere but here in Alberta the hospitals are discouraging anyone who doesn't absolutely need to be there to stay the heck away. BoM2 will take place in 14 or 15 countries, if thier hospital policies are similar to what we are experiencing here then a delay is no surprise at all.

Just for fun I went to  https://www.worldometers.info/coronavirus/ and looked up the worldwide data for coronavirus. It all seemed to dovetail perfectly with what many on the board were expecting to hear in the last few months. When you look at the charts for individual countries the new cases seemed to peek around the 7th of Nov, right around the start of the AHA conference which would have been a great place to make a partnership announcement. Since then most countries have had declining new case numbers except one standout country...the USA. New cases in the US have skyrocketed since the election there. I recall Trump doing a press conference in the summer saying the US would be looking at 50K or so deaths with the top end maybe hitting 70K. Obviously it has gone way past that estimate. Yesterday alone the US had 251K new cases and 3561 new deaths. As the world gets vaccinated and we get better control of this beast we will get back to a more normal enviroment for life, business and deals.

A delay under these circumstances is not the end of the world even if it's one of many delays that didn't have a reasonable excuse. 

If there was a lineup of companies wanting to do a deal with us then it would happen sooner but that doesn't seem to be the case.

It would be nice to hear that the $13 million financing has gone firm in the mean time.

Looking forward to hearing the presentation at the AGM.

tada