
Wednesday, February 12, 2025 11:01:14 AM
This is using the most recent information, they include "another year later" from MHRA application (12/2023) and also the convertible financing in 12/2024.
But, still, another year later and the company is still awaiting the outcome of its approval application. Reports suggest that the company is still working closely with consultants on matters related to the review, including preparing for upcoming inspections by the MHRA in the U.S. and the U.K. The company is also reportedly struggling for cash and is currently funding itself through a shoestring effort. In December 2024, it announced a $5 million convertible note financing and standby facility for up to $50 million in additional financing.
How do you feel about your calls for shareholders to buy the support at 60 cents and 50 cents and 40 cents? Will you feel responsible at all if shareholders lose everything here?
Stock is about to reach the value menu level of 4 for a dollar, I'm sure you're proud smh.
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