What might be more helpful is a conference call with the CEO so investors can ask the hard questions which really comes down to three questions 1. Nearly $ 20 million dollars has been raised over 9 to 10 years-Who oversees and approves the spending?
2. What is happening to the Funding now?
3. If you cannot secure the funding, what next? ( there may be an obvious answer to that one but perhaps there are other alternatives )
I'm still hoping this company can go commercial- just a little less optimistic than 3 years ago