One would have to think a raise should be imminent. Sure they could possibly survive to CLI results, but how would the low cash look for anything they are trying to accomplish like paycheques continuing unabated. Attaining a contract should be no problem regardless of your cash situation. Should have stuck with the Larry Curly and Moe routine for the KOL. At least it would have been more entertaining than a retired scientist reading our presentation from May out loud, along with the big 2nd cohort reading.
Your expectations going into the presentation was inflated anyway. Mine wasn't! So after 6 days up we get a pullback. the presentation was most encouraging. As to future fnancing........... Jefferies!!!!
Now you go to the other extreme. $2.00/sh in 2 months!!!! Won't happen.
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