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Re: wiredawg post# 10133

Monday, 01/29/2018 5:46:01 PM

Monday, January 29, 2018 5:46:01 PM

Post# of 10489
I am confident we as a society will indeed print body parts or parts of body parts that will benefit us as a whole. I am not confident ONVO is going to be one of the first, if they get there at all (I believe they will), but I am very confident it will cost ONVO $10s of millions of money they don't have today, and can't generate organically, to get a dollar size liver patch approved and on the market. I fear their next raise will be a substantial down round (although they'd be far better off with a partnership where they trade chunks of the company for access to capital and synergy), which would lead to a reverse split of at least 1:5 (by yr-end 2018).

Call me a dreamer, but I do believe ONVO possesses solid science, but the world doesn't give anyone endless amounts of time to bring a vision to life. Tech develops faster and faster every decade; shoot, every year. ONVO and their new CEO need to get off the dime soon or the barriers to entry that are inherent to them 'getting their first because they've been at it longer' will evaporate before their eyes - along with the value of years of accumulated paid in capital.
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