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Thursday, October 01, 2015 7:15:55 AM
You might have a compelling point on the maturity of other companies who have successfully garnered financing/funding. In the end, the Science is always what should matter....my advice to Mgt....
......please stop pursuing purchases of assets you cant afford. And it would be humble to partner or sale the ESS asset at this time. Could you imagine if you woke up to a news release were the company secured 50, 100 or 150mm cash to fund MANF. We could see $8 or more overnight and the company can go along away and fund its pipeline and even acquire other strategic assets.
Note: Watching a company called Oncovista Innovations (OVIT) right now. Its traded on the OTC and the CEO has confirmed about a month ago that 3 funding sources were interested in funding the company (of course, the company has two key assets...a phase I/II and phase I candidates that have been put on hold for several years due to a lawsuit (which was resolved favorably a few months ago). But most importantly,
it bodes well to see an OTC listed company that might get a major equity funding....if all plays out per the CEO's last news release (although market conditions could delay it further).
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