Assuming the burn rate as remained constant around $3 million....then they have to announce something soon....we've all done the math and know that, at least on paper, the company is broke.
There's only two way things can go in broad strokes, they either announce financing or they announce they have been unable to secure the financing needed to continue as a going concern.....in my opinion those are the only two boxes. Of course if they announce they've secured financing then there's a litany of questions....in what form, and of course the details.
I'm going out for the afternoon.....would love to come back and see us at $2.40 or higher.