Along the line of IPCI and having an offering, that seems inevitable. We all know we are just about out of cash.
I simply hope they do not find anyone to buy new offered shares, but they have to adopt with income.
IPCI has sales 500.000 - 600.000$ every month. They have to be put in a situation where they have to manage with this money. No financing from outside.
If they run all R&D down, the company would now make 20% interest on market value. The situation is simply mad with this share price.