Valid point, it is their future prognosis based on when their news items will occur and their main news item will be the status of their phase 3 from FDA which dictates the financing terms they accept. So, their prognosis is either news is not coming so soon or news is simply still too hard to accurately determine when it is coming. I think it is the latter. But, the result is still the same whether they know news is still further out or it is too hard to determine the timing, very uncomfortable for all to say the least. Let's hope the news train starts this week.
I am not against NWBO mgmt. considering a sale of the company but like them I know they are much better off having some increased leverage than needing an emergency infusion of cash. But, it is how you portray, their short term prognosis of news vs cash. I believe they have something of value even if they have to unload it for less value, but, I am hopeful news will come in good time here.
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