With all due respect, your predictions have not been too accurate. I don’t mean that as a flaw, more to point out that we really don’t know what next week will bring. Finesand is kind of the opposite, wanting to analyze closely and jump in right before the actual catalyst that moves the sp. I really don’t care too much for either, I just want some concrete rational of how we are in this pickle. Trding’s explanation for why there is such skepticism by the BP and VC for this technology goes a long way to explaining the steepness of the hill we are climbing. Many have been burned investing in the next great thing and have it turn out to be worthless.
There must be some reason why the BOD, which is made up of a diverse set of very successful and smart people support Nader. We don’t know if behind the scenes if Nader is on thin ice or we just don’t know the genius of his plan?
There are many things about our history and current situation that we can be armchair quarterbacks on. A few times in the past I’ve supported Nader mostly because replacing him might be more disruptive that it is worth. I can say that if Nader was refusing stock options and buying stock with his own money, the support would be much greater. In reality, Nader alone is not the obstruction, he is easy to blame but the science will steamroll right over his shortcomings.
The nature of the past raises has been built on individual investors, it is hard to get tens of millions this way. there is a huge amount of sales pitch to get a $50k investment. In reality if we really only need $20 million, we are in good shape. With this last push funding, we have a BLA filed and a cancer drug. Keep in mind, there is some big money investors that are not going to let there investment fail just for a shortage of funds.
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