was not a penny stock years ago."Enough money to properly complete commercialization"??? What about JnJ?? They have deep pockets.What about MDT?They have deep pockets.Only difference between them and TMDI is they have other cash flow from products off setting the R&D expense.
Both of these have the money you speak of and where is their robots?? JnJ delayed 2 years from now.Are they out of the money you speak of??From my experience in small biotech stocks,they spend a ton on patents along the way.This is a huge expense but brings value to their pipeline to be acquired down the road. Did that strategy pay off for TMDI? Well sorta..Why sorta one might ask? Because the Fat Lady(no offense Don) has NOT sung yet.
Time will tell as you speak of...or more like Tic Toc....