GREY:TBPMQ - Post by User
Comment by
Golddetectoron Nov 05, 2021 2:37pm
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Post# 34093440
RE:RE:Guy’s response today 👇
RE:RE:Guy’s response today 👇 King do not bother responding to bashers. Investors are smart enough and they will figure it out. Some ppl earlier than other but they will eventually.
Investors will figure
Golddetector wrote: Very positive development in tetra. Minding the current low sp and work with their current cash until delivery of results and sp correction. It also indicates we will have a very positive results as Guy mentioned it will be completely different company. This is going to be big Gl guys
"People love to say things with no basis for their opinions.
If you look at the last financial statement and MD&A, Tetra $8.5M in the bank account. The MD&A states a focus on 2 projects only: QIXLEEF and REDUVO. The other drugs are ready to enter clinical trials but, with a market cap oriented vision, the Board decided to park these other drugs. The vision is that once REBORN1 and the DIN is obtained the share price should change positively. Hence, focusing our cash and energy on those 2 projects. The impact of this is a direct reduction of the monthly burn.
The positive message to take 'home' is that the new board is sensitive to the impact raises, and an ATM, have. The CEO and Board are aligned to drive the company to achieve those two critical milestones. Once achieved, it will be a different company.
Keep in mind that the public info on Tetra also states that we are still in the 'game' for government funding.
Regards
Guy
Guy,
Does that mean we have an alternative plan in place? Ppl suggesting that tetra is out of money. Is this correct?"