RE:CoCo says "we're toast" ....Dimsum
If we get the AdCom yes any talk of we're
toast is off the table. But in a worst case scenario
we get a resounding no. In that case there are
no future milestone payments, the burn rate
continues and our cash is used up paying the bills
and no one wants to buy any more shares and we very
quickly find ourselves trading for .20 not .80 or
a 1.20 with a AdCom yes. I believe we will get the yes
but the odds of a yes are not 100%.
If we get the yes and then the 100% FDA yes
we should break 3.00. But we're not there yet.
HT