RE:RE:RE:Inevitable pre-earnings "news"GoBBs wrote: Stag, Rapid....what are your thoughts regarding cash burn for the quarter being reported and the quarter we are in. I'm thinking with the 25m raise PLI is spending more to ramp up for the PG launch and possibly why they did another raise even though PL said they didn't need too.
I have never once complained about how much they spend, because trials are expensive as are plant expansions and making product for eventual sale. I only complain that they don't / can't partner to fund more of the above!! Pending news this week notwithstanding, I don't expect much good to come out of the numbers later this week, but we have been saying that every quarter since I bought into this company. At some point, that trend has to change. I think it does soon. Maybe PL will surprise me and the market this week with a $100 million deal.....