Re: The waiting game.....Or a marathon
in response to
by
posted on
Jan 17, 2019 10:41PM
We're in the dark here....on two fronts. Not completely in the dark I guess, but the lightbulb is only 2 or 3 watts strong and we're trying to read small print.
On the science side we're trying to get a handle on how much longer its going to take to reach the magic 250 MACE number. And on the financing side we don't know how much money is left in the company's coffers.
For me the financing side is of greater importance...without money to keep operating the science can't progress. And we have a loan that has basically all the company's assets (including 208) collateralized that's fast approching that Jan 31st covenant date requiring the release of top-line results.