RE: Comments from Mackenzie
A few things :
The statement your are referring to Balain is simply in reference to whether PLI can raise the money necessary to get well into next year. That means equity / debt / partnerships / asset or technology sales / licensing... whatever
I dont know why everyone here is talking about the financing being "put off". I know what the press release said but I believe it was misinterpreted by this board. The company needs money period... and I would be surprised if we dont see some financing announced shortly...
From my interaction with the company, I frankly dont think there is any doubt as to whether they can attract the necessary capital to continue into next year. The real key is what they do from there and I think there are some encouraging signs.
I believe that the interest in this story is growing in the US and Canada as visibility builds from 1402, BSE Filters and the Hemosol situation.
As dire as things look... and as little information is flowing, we are truly at an inflection point. There is ALOT of positive things going on in the background that will help the longtime sufferers of this stock.
I have not ... and am not selling any PLI here