$0.36, is it possible that they would not be able to sell 200 million new shares at $0.25 to get another year's cash to keep the company running,if the market goes south?
Especially if there are no substantive data readouts in 2019 to look forward to?
No data readouts, how would we get a paying partner?
If no partner, can we keep doors open?
More than one way to go BK? Not debt, just run out of cash.
If we have to hang out until 2020 or 2021 to get partnerable data, the 200m share dilution is the only alternative. But if the market refuses to get burned again by ADXS...........