gfp,
You, I and likely almost every Poly investor agrees with you on the need to partner, but what do the (some say boffins, I have my own descriptive word that I shan't use) at Radnor think? That is the question of the year! One can't be certain that they haven't just dug in their collective heels and are just as determined as ever to "go it alone". We can't do more than speculate; especially since they are keeping mum.
On that note, here's another what-if everyone can mull over:
What if they decide to RS even if it won't get them NASDAQ listing? A 1:6 RS would allow them to equity finance without pushing up against the 250M limit, and more than likely at, or above $1 PPS, even after the inevitable PPS decline.
