RE:RE:RE:It’s also niceBencrosMum wrote: sounded like finished finished to me. Pretty much direct quote "we have/there is enough money to finish phase 2"
hopefully we're above .20 by the end of the trial, wouldn't mind doing another raise at 2 or 3 bucks
NeilPaert74 wrote:
BencrosMum wrote: That they confirmed there is enough money to finish phase 2.
Mom, is that finished finished? Or are they expecting to close down phase 2 once they achieve BTD with Accelerated Approval(commercialization)? Then they would need money to ramp up production and sales.
I'm still expecting another financing next year. Yet, I'm hoping they find some Covid 19 money $$ or a JV to help them out.
I don't think anyone really believes that the company has enough money to last thru the end of phase 2. That is the primary reason for the low share price...fear of another disastrous financing that collapses the share price again. IMO they will need to do another financing before mid 2021. I would love to hear arguments to the contrary.