RE: RE: RE: RE: RE: RE: life on a shoe stringBumble, you might want to re-read the news release, it states it clearly.
And I am signed up for that guarantee......thanks for asking.
You are right, more PPs are coming (probably a couple months into 2011), unless a big suitor is hooked in the meantime), no other way to fund the company when they don't make any money at the moment....warrants will eventually come back into play (as trend has wanted), but it'll be 2011 before we see that.
You think survival is the issue when Bryden just backed $572K?
You think survival is the issue when Bryden just pumped over $400K on 20 cent warrants?
You think survival is the issue when Bryden has 21,000,000 shares?
The guarantee agreement of buying at 14 cents in June 2011 is still valid if Pharmagap did ever go bankrupt....you think he's going to let that happen and be on the hook?
Pharmagap is not just doing tests to keep them busy, there is a method behind their madness.
Survival will be the issue when this get's into phase I and II and we really see if this can fly.