RE:RE:RE:RE:Murky sales report imoIt would be amazing if they were able to maintain sales at the $22 million level seen in the 2Q as Palin suggested following the benefit from the inventory restocking. Also, they need to average $24.3 million in sales over the last two quarters in order to meet the low end of gudiance. Nothing they have shared would indicate we should expect two consecutive simultaneous record sales quarters. Trogarzo sales are slowly dwindling and Egrifta sales are good but likely not that good.
My guerss is they hope to do an acquisition and they will reset guidance at that point as it will be a bit buried in the details of the acquisition so they hope it will be harder to notice.
All that being said, the quarter was a good one and there is real hope for the company to do an acquisition, finally; renegotiate their debt with Marathon or do a new debt financing deal to pay off the $40 million first tranche at better terms, get F8 approved and hopefully have some good news on TH1902 that leads to rewarding partnership deals.