PP and Funding The company will get funding. Of that I am sure.
As far as the share price currently, it may have been brought down to facilitate a PP but looking at company valuations this is extremely low.
Furthermore the chart is screaming support. Even with selling it has bottomed and flattened. Selling will subside and the price will push back to a more stable, comprehendable level. Weak hands have been shaken by a quick drop on relatively low volume.