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tj1912

04/02/19 8:05 PM

#96753 RE: ignatiusrielly35 #96752

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.
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abuhafsa

04/02/19 8:18 PM

#96755 RE: ignatiusrielly35 #96752

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.