PPThe placements last spring were closed within a few days, actually the one was only 2 days.
I am uncertain as to why they couldn't execute current warrants for more cash?
Speaking of warrants. it appears this pp has no warrants?
Its unfortuneate they aren't at the point where they can sustain the company without more dilusion.
Thats really sucks for shareholders. Especially for those of us who entered in at 39M fully diluted.
Maybe someday we will see a share buy back program or even dividends.
All in all they are still moving forward, good things to come...