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Re: seifer1975 post# 46579

Monday, 07/31/2017 9:22:23 AM

Monday, July 31, 2017 9:22:23 AM

Post# of 97213
They won't have much cash left if the continue losing $350k a quarter

It seems to me that they can raise more cash if need be and would get the cash from funds that have analyzed their J&J lawsuit and understand where BIG future money is coming from. Mr. Berman has shown a propensity for raising cash under terms that would not lead to invest today, sell tomorrow, like the investment TAUG, for example, raises. Mr. Berman has also shown an ability to raise capital in chunks much larger than $40K at a time. And he has shown a propensity to use equity vehicles rather than strangling debt. Also, these same people who invest would no doubt investigate the new products, the business model and many, many things other than share price alone, or using some market liquidity model because they are only interested in selling and are price protected to do so.

And finally, where the BOD put the J&J lawsuit money is not "hiding it," the BOD was protecting it from opportunistic gadflies and shareholders should view that as a good plan provided to the BOD by smart lawyers.

Less than 30 days until J&J learns their fate. All IMO.
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