RE:RE:this is ridiculous!!!
Not ridiculous at all.
The company is out of cash.
The company has not been able to sell the product to any extent in spite of European approval
The company has a CEO that is happy to dilute
The company has a questionable business model
The product is indeed very good and theoretically most hospitals need it.
VPT is likely unable to benefit from this fact on its own
So will potential buyers of VPT (that GA "talks to") eventually place a bid for the entire company, or will they wait for the bankruptcy and buy the assets for nothing?