Muzza,
IMO, It is a legal statement required in accounting to ensure the public that the company's liquidity in the short term. That is why they made that statement regarding the cash reserve.
Yes. The current management people also seems to be moroans because they seem not be able t secure meaningful contracts regarding our pipelines too. On the contrary, they even lost the BARDA contract from their hands.
My opinion is that we now have no other choice, but wait for a reasonable exit point for our investment.It is too late now, IMO. At least, Biota still have a relatively good cash reserve compared with other simiar Biotech companies, like Biocrist, which is also a scam company, IMO.
I am also depressed re this investment recently. So, hope we can all overcome this.
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