Wednesday, January 28, 2015 6:12:42 AM
If Gerald use 23 mil financing now it will be toxic as it has higher interest rates of 12% and it is going to be death spiral and that is the reason Gerald is cautious in doing them now. It is quite possible that Gerald has already spoken to few investors and they are willing to give him better financing deals based on certain conditions such as Lympro launch in IUO or better Lympro data so he is waiting on that.
There is no doubt they will need lots of $ going forward in coming months.
ALL IMHO
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