Friday, July 25, 2014 2:00:52 PM
The Company has had several funding type opportunities (partnership, partial sale, capital) and for a variety of reasons, many most likely out of their control, these did not close. In most of these cases, if not all, the other interested party decided to pass. This is not in all likelihood a matter of mismanagement at all but merely the other party making a business decision, for their own reasons, that this was not right for them. That is a business reality.
That said something needs to change in order to have the chance to attract partners and/or capital. Few shareholders would be happy for the status quo to remain.
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