$BCLI nobody can stop Chaim from taking this failed study and going to the FDA. That would require establishing a manufacturing process, completing an application and submitting - 6months to a year. Another few months before FDA reject the application, even longer before a CRL. All this time, he can continue to tap the ATM, pay himself and buddies salaries and work on a "new indication". Remember, the same folks promising you FDA approval today, were promising you a successful study yesterday. They were also cursing anyone who disagreed and comparing shorting BCLI to killing ALS patients.