Let's call a spade a spadeThis down draft is linked to the clear need for the company to raise cash to cover its burn rate until it is cash flow positive in 2019.
however, all the fake news about the company starting with the ceo selling a big part of his position, the Black mamba article and now all the speculation about getting FDA approval for Pg. What this looks like to me is concerted effort by sharks to get a piece of Pli on the cheap, in advance of moving to commercial production of Pg, and soon thereafter Ivig and the signing of partnership deals on 4050.
Having lived thru several tough years with Pli when the share price was 10 cents, I can tell you that Pli is in infinitely stronger position than back then. And, there is no way the 3 billionaires and the ultra longs are going to be throwing In the hat. The attack is on small retail shareholders who are not intimately familiar with company.
Personally I am very angry with this turn but Iam keeping faith. I know how long it has taken the company to get to this position both on the PPPS and SMT side of things. We are only a 4050 partnership deal or FDA voucher away from a spike up in the price. So, yes, I am a believer. But everyone should recognise the game that is being played out here and then do what you gotta do.
GLTA