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peregr

03/01/16 2:56 PM

#255985 RE: CuresForHumanity #255982

The Company is now in cash conservation mode evidenced by the apparent pulling of open positions and cancellation of the chemo trials. Unfortunately, for the employees, there will probably be a restructuring announced with the CC. We all lose in this deal until the ship is righted-which it can be. So no obligation whatsoever to support the SP (although Noble may be attempting to stabilize) by Peregrine. I'm not convinced there is a wall or lid. Look at other trials for small biotechs. Big hit, then they usually equilibrate. Unless there is a Shkreli-but he is busy dropping $10M on Kanye.