On cash, why so hard? "Dire need", etc.
Well, the jury is in, and it's BAU for CLSN.
Your logic wasn't wrong by the way, trond. But this is just what these guys do. It's about keeping it going, first, always, no matter what.
But on the bright side -- they got $15mm at $2.31 and change with warrants. That's a vote of confidence, and should put a floor in above $2. If you're holding stock (as opposed to options), that should be a stabilizer.
I have more options than stock, so I hope Tardugno gets coal in his stocking.