Well here is your first 2nd half catalyst. Remember I said the only pr you will get in the 2nd half will be 2 boring earnings releases an 8 K offering and b.s from zachs grant zeng. Check the 8-k off the list. Next up 2nd Q earnings on or about aug 11th. Company is a huge fraud. Someday it will make more sense to you.
They wanted verified sources of capital available already setup to supply additional cash in case government grants didn't cover all the expenses involved with upcoming clinical trials.
No shares have, nor will they hit the market, until The Company chooses to go the war chest.
The fact they are making plans to increase cash likely means progress on the science. Wouldn't be surprised to see them follow up with an update soon.
If you look the company had an underwriting at 1.25 for up to 7 million dollars but the underwriter was only abble to raise under 2 million , so the answer is they tried
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