'....So if the 3 month prostate trial on 12 extremely sick patients succeeds and if it is the basis of the first IPO then I am happy (although that will take 6 months to get analysis, etc). I will be very honest with my feelings here. I believe that the earliest any ZEL liquidity will occur will be in at best 18 months and that is optimistic...."
I don't think an IPO or public listing (CDN or US) necessarily has to wait for trial results.
Going back to Masila's June 30th, 2015 post (Zenith Special Meeting)....
"....Hoping to list on NASDAQ by end of year, but would want to time it with some "major" event (eg partnering/co-developing with someone or licensing Zenith somewhere, eg China). This would be the signal that might make it happen...."
http://agoracom.com/ir/Resverlogix/forums/discussion/topics/646940-zenith-special-meeting-jun-30-10am-mdt/messages/2030276#message
So if Don was shooting for EOY 2015, it could/should happen much sooner than 18 months out.
(my bolding)