I agree with this.This is really shoddy sensationalistic reporting. The CEO is making over-hyped claims bordering on outright lies, and they should have known that if they had asked any independent expert for comment. That's not to say it isn't promising, but it's early stage research and there are a dozen reasons it could fail still.
However, as a trader I learned my lesson the hard way a long time ago that we don't trade truth, science but trade rumors, hypes and the reality of the market. Often, to make money, science be damned.
