No matter how they resolve the funding issue (assuming its resolved of course, and that IS an assumption I  am making)....regardless what route is taken: Licensing/Partnership, PP, Secondary.....no matter how its handled with the possible exception of convertible debentures, I am expecting the PPS to have a + reaction simply because a dark cloud of uncertainty would be removed.

With that being said my preference would be 1st for a licensing/partnership deal along the lines of the Hepa deal, and after that a secondary offering.  However if they go with a secondary I would like to see a big house as the lead underwriter, and then some other firms participating and the more the merrier.  I would love to see BMO taking the lead but with other firms like Mackie, Canaccord, Raymond James....

Something has to happen soon.....and it looks to me like the PPS has some great support.