Financing coming soonThis comment from Hopton makes me think they are in the final stages of getting the financing;
" While dilution concerns remain, we are confident that our plans will generate significant shareholder value, offsetting these concerns. "
They never previously admitted that the financing would be dilutive, so I am thinking they are preparing us for that.
But the bottom line is that we need money to get GPM to market, and no one is going to give us that money without sharing in the potential benefits. So I am fine with whatever the terms are, as our share will still be worth far more than 8 stinkin cents, that is for sure.
And if Abbvie eventually comes through, after they see they can't bankrupt us, that is just a bonus.