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Wednesday, May 06, 2015 10:14:41 AM
LOL, yes, only $241K in their bank- versus just their growing and increasing general/Admin expense line being $900K for the same period- over 3X their incoming cash, THREE TIMES what they banked. And that's only part of their overall expenses. They're running huge cash deficits to this day and "revenues" isn't changing that for all intents and purposes and the massive use of continual dilution and continual borrowing at horrible terms, that alone proves that point IMO.
LOL, "growing stronger"?? Based on what facts? WHERE in the 10-Q is that proven??
They took a LARGER LOSS year over year. LARGER, not smaller. They're LOSING MORE MONEY NOW than last year, and that's w/o funding any trials and with major cuts to R&D yr over yr etc. WHAT exactly is "getting stronger"? Where?
Their mass increase in the rate and use of share dilution doesn't indicate they are "getting stronger" IMO? How would that be possible? How?
Why would they ink qty-5, FIVE new toxic, floorless, convertible debt deals IN ADDITION to being tapping MAGNA now several time in a row- if they were supposedly "getting stronger"?? Why would those facts be true (see most recent filed 10-K and now just issued 10-Q)- why?
How does a company taking a LARGER yr over yr LOSS = "it's getting stronger"??? How exactly does that "work" in accounting form or in business form or in any generally accepted or know "form" related to business? How exactly?
I'm fascinated by this? "getting stronger"?? HOW? How exactly? Dilution is increasing, not decreasing. Use of toxic debt borrowing is constant, cash is desperation low against just current liabilities, no major events like funding any large trials is occurring, the O/S share count is climbing practically vertical on a chart, the share price just made all, all, all time recent lows and is trading very near those all, all, all time lows today- most likely because of mass, mass never ending common share dilution- over 87 MILLION shares worth as of this just filed SEC 10-Q and on and on and on???
What exactly is this "getting stronger" part- the exact details of how that "works" exactly? What part on the balance sheet? What part on the statement of operations? What part on any part of their SEC filed "financial statements" or any part of the just filed SEC 10-Q shows that they are "getting stronger" - the exact part and page number etc? Where?
I just personally don't see it? Must of missed the "getting stronger" part in all of it? Perhaps? Where is it?
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