my cup is half!! some investors are considering pp as bad development....in my view this is the last important step for SBM in the last few months...we know about "great potential" of SBM sciences pipeline to have be probable or possible commercial development... and that was the main reason why I bought position and my only worrying point was lack of funding for next year or two which is now taken care off.....with small cap markets in total fear mode I don't see how SBM management was able to raise funds at higher share price.....for now nothing but wait for partnering news....