RE:RE:RE:RE:RE:RE:Information voidInteresting perspective, DJDawg. I'll take 1.5M at this point. My estimate of burn rate was $1.5M per Qtr inclusive of the laser div. That one doesn't seem to be paying for itself, IMO. So maybe they need to divert all funds to getting this BTD done. The least I expect to hear with the next NR is if there are new dependencies for pre-BTD, like the central lab validation and how long will it take. If history repeats, we'll be playing guessing games here after the next NR. This is the closest the company has gotten to the brink since I started owning shares. BTD or bust. Oh, another good thing. We won't hear JV mentioned for a while either.
DJDawg wrote: I think that the 1.5 million is not a coincidence. The other company that I saw that did this (LIFE switched into PP) just converted all the LIFE buyers into the PP as the pricepoint was the same.
So my bet is that raise total will be 1.5m.
If monthly burn is 400k (my notes) and they have 1m from before that means that can roll 6m.
That will cover BTD which I believe will be succesful.
So overall, I'm not worried about cash situation for the near term.
Yaaaaaaaaaay. We are good to gooooooo (said in the least enthusiastic way possible)