The reality is, they would have gone bankrupt had they not become a public company.
Nobody would have been willing to fund them for 15+ years.
That’s why they kept promising commercialization each and every year when they went public and have kept a golden carrot dangling pretty close since Dr. Lebby came on board
I am happy it was a public company in 2008. It allowed me to buy many shares at a very low cost and to trade1/20 th of my shares to realize a profit of a few hundred thousands so i can let the rest run at no cost . Unrealized profit in the millions . That is how I invest in very promising companies that make constant progress .even if it takes longer than expected. And then I have to read the negative comments all the time of some posters who were in at the same time as me and I feel I am a loser. lol