Ig, We have seen what happens. A reverse and now dilution. Doesn't matter how "little" they dilute now...they can do it again 6 months from now. I'm hoping it's a small amount, and hoping HOT shows something. I think that's the last shot for this company.
They will now have to pay for NEO themselves as they have not found a partner. That means the cash burn will be a LOT higher than before. That's why they will need to raise a lot more cash to cover NEO expenses until the end of 2019.