InvestorsHub Logo
icon url

tonysd57

04/12/18 3:08 PM

#21621 RE: finesand #21587

I spoke with management this morning and as usual they're very restricted in what can be shared;

1) They postponed the RS because they couldn't meet the capital requirements. Hopefully lesson learned.

2) They're continuing to "execute" the plan to bring PRO-140 through approval process and hope PPS will grow organically propelled by any forthcoming press releases.

3) They claim to be very disappointed in not being able to up list at this date and look forward to being in a stronger capital position to do so prior to August deadline.

4) I asked if their was any in-fighting among management personnel and responded that all are working together towards same end game.

5)They will entertain & consider any reasonable licensing or collaboration partnership.

6) Tight lipped regarding raising funds, only to say that "they've never had a problem in the past"

So here we sit in the low .50cts and can't see how short of a partnership that we'll see much of a bump. They're nearly dry of funds so expect another .50ct raise with accompanying warrants- They need $35 million to get through end of year- If unable to up list could be staring at 450 million shares & warrants by then-