Your note makes total sense - just hope it happens. Yer he doesn't shy aware from bad news for sure. I think he will put together partnerships, or investment groups when the current 30m is small. Question: SPORT - how are we doing in France with testing results, and interest. Has there been much feedback?
I am curious to know how much of the additional $50M is for post FDA (commercialization) and how much of it is to get it to FDA. If the majority of it is for commercialization then there is a chance we never even need to raise or spend that money. Because my bet is once this gets FDA approved there will be highly interested buyers for this robot. Companies wanting in this market know, the longer they wait after FDA approval the more expensive the ticket is to enter the amusement park.
My wife and I have adjusted some things regarding when she's going to retire, so I'm no longer as big on getting bought out right after FDA approval. I could stand getting some sales/revenue under our belts before selling out.