They should seek bridge funding from the $1 billion life sciences bill passed by the Massachusetts State Legislature. Don't know how this was structured or whether this was possible...
Alternately, they should discuss funding with the Mass State Pension Funds in exhange for future profits and/or a guarantee that they will grow their business in Massachusetts. Seems like a win-win for the company and the state.
Since yesterday in Holland smoking is not longer allowed in cafe's, restaurants and... coffeshops. So, feel free to visit them. Everbody seems to be a bit suppressed since the last big deal, like noting at all did happen. We are in the same mood as before the last deal, also the SP is...
Biosteel is fascinating stuff, but it takes some craft to go from a manila fiber to a hawser fit for hauling battleships. That's the hangup as I understand it. My wife is a handspinner. The most important thing is the average length of the individual filaments being spun ("staple"). If the fibers have little barbs (eg wool) then a good yarn can be had from short staple, but if they are smooth as a baby's butt (eg silk) you need a long staple. I think the biosteel fibers are smooth. There is another poster here who knows more about it than I do, maybe he can add some color.
Also, when I say "Nexia continues" understand that contrary to "true story but the names have been changed to protect the innocent" the name remains Nexia but different principals are now behind it than when biosteel began.
There was a technical item in the news river a year or so ago indicating that things may be looking up for biosteel but a quick dredge didn't turn it up, maybe the other poster knows what I'm remembering.
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