Sorry to have to reply to this old thread, but it seems quite apt at this juncture.
The situation now is, we have $80m in the bank (thanks also to a recent Cap Raise - thank god - I wonder whether Plumb knew something about what might happen when running with the Cap Raise).
Okay, BARDA managed to move us forward a little with LANI. But BARDA have now effectively said 'we don't want LANI anymore'. So I suggest one option to seriously consider is not to give it to them.
For Pete's sake, management need to draw a line and speak to holders and agree on the best way forward with our $80m.
Right now, the position management are potentially putting us in is akin to being at the casino and saying let's put it all on Red (or Black) - or shoot first, ask questions later.
Prior to this, their bets appeared to be well covered. Now they are possibly prepared to gamble...
...I'd suggest most holders would like to stop and consider all options before throwing what's left on a 50:50 bet.
Management - are you listening?
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