RE:RE:RE:RE:LMNL FinancingI agree. I mean we are in this 'mess' right now because of the delays and re-filing. I am sure you reemember how we were promised that 'deals' were being negotiated by Pierre Laurin for partnerships etc..
That was also the time that Tranvest says they would hold/keep support to then "PLI" and their loans were to 'mature' in 2024. Then the shares kept going lower and lower until they reach 1.5c then kaboom no more loans and TV (et al) becomes 85% shareholder and the 90%+ PLI shareholders only hold 15% LMNL.
What happened just now? .. the shares keep going lower and lower and 'kaboom' the 15% LMNL shareholders now only own 10% (or less).
However, what has now changed is that we are closer to the 'promised partnership/deals' than ever before (although I believed it too when PL said that a couple of years ago).
This difference this time too is as 'shareholders' of LMNL (albeit a much lower percentage) our interest is more aligned to TV (et al) who are also (majority) shareholders than before where most of their money was ONLY as 'secured' lenders. I imagine TV decided this route because they were well aware of PLI (now LMNL) prospects and would definitely make MUCH more money as 'shareholders' than 'secured creditors'.
I have no illusion that TV cares for the 'small' investors nor anyone else. I am sure all they are interested is making as much money as they can in as short a time as possible. Hence, I am hoping to be able to cash in when they do or before (depending on share price).
All of this changes of course, if LMNL share price still lingers around the current share price AFTER the FDA approval of LMNL. But I dont think that is likely to happen now that the BLA has been 'refiled' , do you? If that happens, I will have to lick my wounds, take my losses and move on.