RE:RE:RE:What happened in last 15 minutesThe previous PP paperwork was due well before the money. I expect that the money owed for this PP is due October 31st and to raise the money through a sale of existing shares requires a coupe of days to clear the exchange and be deposited in time to be wired to the company.
Long story short todays sell off sure feels like a last ditch effort to raise money to pay for one or more participants in the 2nd PP.
I think existing shareholders need to see a steady rise in the share price going forward. The PPs have sucked all of the upward momentum out of the share price for the last two months. The company needs to start being more forthright around things like when the 25th patient is finished being scanned and when they apply for BTD.
With money to fund the company for the next year now is the perfect opportunity to start building expectations and upward price momentum as we get closer to the BTD approval AA and the results of the Covid vaccine animal tests.