RE: FinancingWhatever the motives were for the type of placement regarding financing, it was necessary. I'm hoping that an announcement on 1402 is imminent. I do not think this latest financing implies a delay in doing a deal with this compound. My take is, given past performance and the nature of negotiating, the company wanted some cushion to accommodate any unexpected turn of events. It may also take some of the ammunition from the negotiators on the other side. Who knows?
Good luck,
Felco