Monday, November 15, 2021 8:01:40 PM
Warrants conversion money received since end of quarter, plus the small loan, almost $10 million. 34 million converted for cash. With the amount converted, and likely a lot sold (thus the pressure on the stock), how many more can be available with all insider warrants locked up?
The new language on all the delays is troubling to me. They added more detail on all the delays, but no clarity as to where we are now? Have things started moving again? Why, after all the delays, can’t they tell us more?
Talking about a phase two for direct is what? A carrot and next step if L is a bust? Why even bother talking about that at this point. Even with P3 results, positive results, we don’t have shares available to sell for any other trials.
All in all a lot of nothing. The bottom line is we are going to be extremely crunched for money shortly. Fewer cash warrants available, no shares to sell, loans will be harder to come by if there isn’t news.
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