Guided Therapeutics Inc (GTHP)

[carbonfiltered]

It’s called bridge financing- he’s only pulling $500k because that’s all he needs right now- orders perhaps? Revenue ? A better loan? Private equity? You are right, the current AS can’t cover the FULL amount of what’s available to us in the line of credit but you are using our current PPS in the calculation. If this goes to a measly .02 you are talking about almost 300%... or 1/3 of what we would need at these prices. It’s variable. Gene breathes the word FDA and we’re at .04-.05, what kind of SS would we need then? Point being is we have to look at the long list of confirmed catalysts ahead of us and see what plays out first. RS? No way, it would get voted down by EVERYONE, especially with fresh millions on the table. GHS knows what’s happening, you can tell by the unheard of rate they gave us of 20%.