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Wednesday, May 11, 2022 7:58:36 AM
One is going to sell because nothing is going to happen till the end of the year and run out of money. They are saying this with ZERO proof. They need to start putting in their post it is their opinion.
The second says there’s enough cash until end of year but if nothing happens they will file for bankruptcy. How will filing for bankruptcy solve the cash problem. Is there a new rule for companies if they file bankruptcy they get cash back. This person also needs to start stating in his posts it is only his opinion.
Ok so it’s only May 11th the company has been testing since Decemberish, no one knows what’s all involved with said testing. Also didn’t the doctor say that they have open communication with the FDA, if this is the case maybe the testing brought up questions that the company had. To many unknowns for sure.
We have 6 and a half months before the end of the year and some are stated ide won’t happen until then, please provide facts with these dates.
As for bankruptcy, THIS WILL NOT HAPPEN, it’s possible but it will not happen. the doctor being this close will not go this direction, he will do toxic lending before that happens. Share structure right now is 900 million authorized shares with only 350 million Outstanding shares. If needed this can be increased unfortunately it would be toxic lending.
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