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Friday, April 01, 2016 11:19:23 PM
The only important question now is how does Peregrine proceed. I would like to see management recognition of how serious the situation has become. I would like to see them act accordingly. By which I mean slash the burn rate as close to zero as possible, preferably use Avid to turn a profit.
Bavi-immunotherapy combo trials may be worth pursuing, but only if they can find more money from Avid or a partner. Management has some responsibility to the shareholders who have supported their efforts. The owe us better than another round of ATM selling at these depressed levels.
GLTA, Paul
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