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Alias Born | 06/30/2012 |
Wednesday, November 26, 2014 4:57:35 PM
I think they know that with the delay and revised cost estimates of bringing her to commercialization, that they need to start to really focus on cash on hand. Even Randall said they keep spending and burn rates are only going to increase as they get closer.
Mgt. is not that stupid and understands that unless they get PPS UP, at least back over $2, NO warrants will be exercised and NO money will come into their coffers. Not that the E warrants matter much right now but there is ALOT of A - D's out there that will remain unexercised FOR SURE unless PPS rises substantially.
The quicker they get PPS back up, the quicker money will start to flow in again as right now the spicket is turned off !!
* I was a buyer this week
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