RE:Could have been worse I think the clouds just got a lot darker.
we've all been saying this company is super dependent on Shiseido... I don't see that changing. They needed the win to raise cash from other investors.
Since there is no win, they will need to dig deeper into their already exhausted wallets.
at what point do they say, "it's no longer worth it." I can tell you, I personally am at that point now and on this news, I sold off a very large portion of my holding. At this point, I needed to take what little I have left and reinvest into something different. I still have shares, but a fraction of what I had yesterday.
karma will comeback and reward us some other way... just not today and not with Replicel.