What next?1. only 1/3 to be used for corporate purposes, the rest for scientific. Why so small of an amount for corporate burn to keep heat and lights on. They typically use it all for that so why so little now.
2. Ceo taking $500k after tax cash from his pocket (essentially 4 years of Sirona salary) and placing it on the line. Then he says he will continue to support company both financially and with his time to make it a success. Why now and is he saying that he is "there to support the business" so whenever they hit the jackpot he can show us he is a/or the main contributor? He will have to move mountains for a change in attitude here.
3. Now that they bought themselves a runway with a plan to only use essentially $500k for burn, what does that say about what they expect within the timeline window before that money runs out? Anti aging results if great will boost the stock, sure, but there has to be something where they expect some kind of revenue to fund the burn rate after the $500k runs out?
Either he is short sited and overly confident or the stacks are lining up. Time will tell.