Equity raise?Guys-sorry for your losses
I think the course is pretty clear.
After the negative trial -it made this highly probable as I posted a number of months ago, in my view.
If you read the recent financials and MD&A it is not if, but when, again my take only:
"As of September 30, 2019, the Company had cash of $9.0 million. For the nine months ended September 30, 2019, the Company had an operating loss of $18.4 million, and as of September 30, 2019, its accumulated deficit was $99.4 million. The Company expects to continue to incur operating losses and net cash outflows until such time as it generates a level of revenue to support its cost structure. There is no assurance that the Company will achieve profitable operations, and, if achieved, whether it will be sustained on a continued basis. These factors indicate
The Company intends to fund ongoing activities by utilizing its current cash on hand, cash received from the sale of its PoNS device in Canada and by raising additional capital through equity or debt financings. There can be no assurance that the Company will be successful in raising that additional capital or that such capital, if available, will be on terms that are acceptable to the Company. If the Company is unable to raise sufficient additional capital, the Company may be compelled to reduce the scope of its operations and planned capital expenditures." Abstracted from Sedar.com