RE: News - 2Q - UpdateI have no doubt in the potential that this company has. I like the company very much. However, they are running low on cash. That has to be a concern. It is always 'possible' they will be producing a marketable product before the end of the year. But what if they don't?
They need cash to keep going and another offering is within the realm of possibility...or even probability. Does it make PLI a bad investment...No. Do I think dilution will be good for the share price in the short term...No.
Thats my input. Take it for what its worth. But clinical studies take time...and time costs money. I am merely speculating...as are others who think the dump truck load of money will magically appear within 6 months. I guess we will see. Thats what makes investing/speculating so much fun.
Pepperino
off topic..my a/c is working fine..I'm just conserving energy. I guess a little dose of reality doesn't bid well for pepito.