Next Hurdle
posted on
Jan 05, 2018 11:12AM
So Don does not really have much time (a few months maximum...meaning he better be close now to closing a deal) to get the next round of financing in place. One thing for sure, he does not seem phased. I sense the current uncertainty around this phase of financing is the barrier now at the $2 level. Once the financing is in place the science can move forward with BoM and other trials concurrent with the 5 independent research projects Don eluded to.
This financing could take many forms.
No matter what channel the financing takes removing this barrier could result in some investment interest possibly allowing the stock to move up toward the Beacon target level. That is just my opinion and not investment advice (I know nothing about investment. I'm here because I do believe this truly is breakthrough science).
Anyway, now that there "is no need for an FA" (this remains a puzzle to me) then this financing is the key barrier IMHO.
GLTA
Toinv