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Thursday, July 14, 2016 3:59:02 PM
If they don't think the 5 million in last round of fundraising was enough to get them to the point of inking a deal on Rexista and an up front payment they probably would have raised more funding in the last round.
I am interested to see if our predictions are correct. And, now it all makes more sense. If our predictions are correct, we should see a pretty good run by year end. The filing itself would probably draw some attention but probably won't be too much of a run up. I see it possibly go over 2 dollars and maybe reaching 3$.
But, signing a deal on Rexista and a big up front payment is likely going to send this beyond 3$ dollars. Approval early 2017 will keep getting higher. There would be opportunities to sell and get back in on the pull backs to accumulate shares.
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