Well,
Great new product which was greeted with enthusiasm by all & sundry.
But sadly more Dilution with ATM newly minted paper coming ,will have negative impact on what was positive news with new Insulin Device.
One day of joy & the pain continues..!!!
We will continue to be diluted.
This is the MO of this enterprise,
Announce something positive ,like Abbvie back in Jan & then hit the market with a cap raise by issuing new cheap shares...but fortunately in Jan at 3.70$US
Wonder how low this will go & at what price will the next tranche be issued.
as the cash burn shows no sign in the near term of abating.
The wait continues,
but this Insulin device looks very promising as the drug ( insulin) itself doesn't need clinical trials,
So maybe we can get this on the market in relative fast time & one of our larger "customers" signs up quickly.
Cash flow from sales is required for this to reverse what seems a long downward trend of SP.
GLTA Longs
& I guess we just hang in there & welcome back the 40's & hope for a deal or 2 before years end.
SG.
UNS Price at posting:
59.0¢ Sentiment: None Disclosure: Held
