RE:RE:RE:RE:RE:RE:RE:Echelon Doug LoeI'm going to take $340 M out of Dougie and Echelon - It's over Dougie! We got you! Where's your BS $1.40? Lie huh? These guys have made a killing
killing companies - time to go to jail Dougie!
GUD.KNIGHT ECHELON
qwerty22 wrote: Do companies wait to the very last moment? The later you leave it the more you may be focused to accept the prevailing situation, external and internal factors. A conservative approach might say get it done earlier so it depends on the situation.
I don't feel comfortable predicting these types of financing events other than knowing its inevitable. What would I do? Maybe small financing to get 12 months of cash. Get through the end of phase2 meeting with the fda and other milestones and get complete clarity on the Phase3 program then finance that with partnering/stock for the expensive Ph3. Idk.
MUGMODs wrote: Qwerty - agreed
On the financing side, how much time do you think we have ... business as usual ?
Let's assume we are not paying for P2/3 - someone else is taking this on.
Do we have enough cash to get us through the summer ?
If we do have enough ... the financing can pause. So many good things could happen in the short term to drive the share price, making a financing a non-issue.
Just trying to get my mind around how much time we have before the cash is absolutely necessary. It's a race against the clock now.