RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:New Filing today All of these comments are fair, they have lots of levers, they should hopefully have created reasonable adjusted EBITDA targets, etc. But we must remember this is a management team that raised equity at $1 to give them the cash they would have needed to satisfy the old cash requirements AFTER switching to an EBITDA target. They are not making smart or strategic decisions. We don't know what the targets are, anything is possible.
The most positive development to me, by far, is Soleus adding 9mm shares and tripling down on their investment. This is a tiny investment for them even after that add, but they could have just walked away. They also own a huge chunk of the company and can have more influence if they choose.
At this point we have to assume management will at best do minimal harm to the business, but shouldn't expect them to make any value add decisions and can't take anything for granted.