Again, have to count the warrants. More than 9% of RDGL sold in July 2022 offering to raise about 6 months worth of cash. More than 5% sold in April 2023 offering to raise about 3 months worth of cash.
Point is RDGL doesn't have forever to get IDE approval, and that is the only thing that can keep RDGL going now. Ship has sailed on possibility of IsoPet alone saving RDGL.
20 months now since MK said RDGL would submit IDE application and still no end in sight. Still hasn't submitted the rabbit containment results completed months ago, etc. Situation is what it is.
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