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jfk

03/01/20 6:03 PM

#28948 RE: lorbas95 #28947

Thank you Lorbas. Close call if we are almost out of money by end of Q2 and we're dependent on EU triggering release of funds assuming they are 100% pleased with results. The other poster indicated that there is smooth sailing (based on "loyal Family Funds", etc., per shareholder letter, through 2021, based upon a raise equivalent to 6 weeks burn rate, and will require another 6 weeks of capital again by approx. early Q3. A capital raise is not done for the sake of 6 weeks breathing room. Raises are conducted to add 6 months+ capital. I call BS on their ability to conduct a normal, adequate money raise. Unless results are stellar, we are looking at a repeat of Q4 2019. Better get great results.