Any idea how much money they have left? I'm concerned about their ability to raise any additional cash - surely the PPS is well below the requirement set in the agreement with LPC.
I am too. There were only about 50 people at the meeting so the overwhelming majority haven't seen the presentation yet. I think the lack of timelines have caused some to trim their positions. I look at it like this, they're going to tap that LPC financing again at some point and the stock will need to be $1+ to do so. They'll get it there one way or another.