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Sunday, January 14, 2018 10:58:41 PM
According to the last filing, cash runs out at the end of this month.
However, they probably had to put January to be conservative.
It's likely they could drag it out to March or something, given that their burn rate is probably not too high(?)
Has anyone close to the company heard of a private offering being open?
If there is no private placement open, and they only have a month or so of cash left.... then I think we have to expect that they're getting financing through the preferred shares.
That would be extremely bullish.
Any info from anyone welcome.
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