Perhaps the current economical conditions have for the moment slipped your mind. They are able to forward. Remember this old saying "You snooze you lose"
I repeat from that link-Less than one year ago, the Company was significantly in debt and lacked the financial resources to take even one program through the clinic. Today, we are essentially debt-free and have the financial ability to move both of our promising programs through the clinic. We believe 2011 will be a year filled with exciting developments as we begin to get data from these programs.”