Can't disagree with you. Based on current burn rate, May/June seems logical. The timing of this couldn't be worse when current market conditions are factored in.
I hope they can delay the reverse split for a while - we all know that the fates of companies that endure a RS are generally never good. However, based on the large amount of dilution the next cap raise will cause, it appears a RS is most likely a foregone conclusion. The only question is when??
Really a shame how this has and will continue to progress for Imned - especially for the long term holders who have been and will continue to be washed out by Adams. I'm not going to rehash all the many reasons - everyone knows he's not the guy to get the job done. Inmed has just become a landing spot for all of his buddies, etc, etc.....
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