We'll have to see how the debt extension is handled as well. Post-market monday or pre-tuesday and we should know that. If they can get the June 17th funding requirement removed entirely, and simply add it onto the September amount, I feel as if that would be a very good thing. This would actually give them a few months to get non-dillutive funding. These short-term requirements are forcing the company into a corner making terrible decisions to make the few $ they need. Give them 3 months, and maybe we can see something truly positive out of them.
However, if Karllson only gives them another month to raise the money, I fear nothing but bad things.
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