A bottom is in? Did you also think a bottom was in on that last offer at .75, and how did that work out for the shareholders? But believe me when I say I hope your right, but my confidence level is a little low in ECTE right now.
Just beware that the capital raise cost 60% in dilution but resulted in cash of only 2 Qs. Unless Echo is fortunate enough to drive the SP significantly higher, secure non-dilutive financing or find a partner by October, investors may find themselves facing significant dilution again. It could be that a capital raise is needed before the results of the EU trial are known.
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