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pphmtoolong

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pphmtoolong

Re: eb0783 post# 260219

Tuesday, 03/29/2016 11:55:46 PM

Tuesday, March 29, 2016 11:55:46 PM

Post# of 346052
eb0783, Peregrine cannot develop new Bavi combo treatments without money.

Unless Peregrine can get a solid partner, they will run low on funds with the existing burn rate sooner than I can stomach.

Face it. Noone in their sensible mind will give money to Peregrine after the Sunrise failure with a reverse split staring them in the face.

To me this means, Peregrine must fund Bavi development with internally generated funds or a partnership.

Peregrine adjusts to this new reality or it disappears along with our investments. I don't want this to happen. I want them to change to a mean, lean, but viable approach going forward.

GLTA, Paul

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