Wednesday, September 16, 2015 5:54:54 AM
but as JN articulated so well, its not the pipe thats the problem, its obtaining the enormous amount of multiple-millions of dollars needed in order to bring them through the requisite development stages
that my friend has so far fallen on the loyal shareholders - because they are unable to obtain financing, an IB, adequate grant funding and/or JV partners, and have relied solely on numerous toxic converts and massive shareprice destroying dilution to fund the operations
for example - where is $5-Mil. coming from to secure the next Lonza milestone:
and this is just one of multiple financial obligations that have set the shareholders in harms way and caused for a collapse in share price, as the overhang needed to pay down the debt load can not be supported by the market buying into the AMBS's business plan
as one analyst said, "AMBS is all over the place"
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