That we agree on. I never said they were, I only quoted what they said in their PR, as someone asked me a question.
I don't remember ever thinking it was a good use of their money, and still don't. The share structure, no dilution, and no share issuances are just fine without it.
Of course I always leave room for them surprising us, and for the possibility that I'm dead wrong.
Hl shmn tiny pharma at .0016.