Another honest update from Proulx, I do give him credit for that. So this first study should be completed some time this year; won't be doing any more fund raising for at least 1 quarter, much larger scale trial(s) will be needed if this first one is successful.
My take - lots more time, money and dilution in store. Hard to believe 10 years ago marvin (and his loyal followers) was pumping out the message of moonshot, big pharma partners right around the corner. Easy to understand the share price for anyone who actually listens and understands Proulx's message.
Someday this might become a successful cancer detecting weapon and save many lives. But current shareholders were a few years to early. Chances of their shares out pacing dilution are quite small and the share price reflects it.
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