It's not binary. For example NWBO will start a combination trial soon if they are not lying and Dr. Prins have not been lying that trial with BMY, and no sudden backing out by BMY. And 2 other combination trial trials are being prepared if NWBO can be believed, with 2 other partners, so 1-3 of those trials could start and will start any in day or week. How much would alone be worth? Surely more than nothing but does it only stop the stock from falling or will it double the stock? Give a bounce to $2 then fall back? WRT the big enchilada ph 3 trial, suppose we don't data but we get told that the endpoint was reached and data is being prepared. How much is that worth to the stock? That should be the first news we get, regardless of what the numbers are, good or bad. Does that do something to the stock? I'm sure it will because the stock is now priced as though the trial is already DOA (which it could be, esp if you think NWBO are a bunch of con artists).
But if they are to be believed, they have many irons are in the fire, any one could make a purchase at .40 or less very profitable in the very short term regardless of eventual 1 or 0 success of the trials, of which there should soon be 3 ph 2 and 1 ph 3. So it's far from binary imo. Yes binary in the mid to long run, but probably not at all in the short run.
What are the odds that they can keep raising money and do so until there is news that lifts the stock from the current price? I think it's close to 100% now because I believe that this is not a scam and a fraud and that they truly are doing what they are doing. The odds that they get a trial success and FDA approval are almost certainly lower than 100% but I wouldn't handicap that. But I don't have to handicap that to be a buyer here.