great game play, page-10

Always enjoy your stuff Writer ..Happy New Year.
Investors like tangibility ...you can only get by on mere puffs of smoke for so long.
Yes , some will point to buildings staff etc ...but they actually give you negative cash flow ..until you produce something and SELL it.

Late 2009 spp ..."could have raised much more ...don't need it ...this will take us right through to sales revenue from the 1ml and RTF"
Will have sales agreements in place for RTF with sanofi and other pharmas

Reality :
virtually no 1ml sales ...its a very tough market out there... Duh??? Who would have thought our competitors would fight for their market share?
Late 2010 .."need another $50m to get us through .."
Early 2011 ... not 1 RTF sales agreement in place ..even with our close buddies.
What changed between late 2009 and now Writer ?
I am genuinely keen to hear your explanation .
It is the lack of information and uncertainty that is the killer at the moment imo.This situation has felt like walking towards a mirage for some months now ...even you must think inwardly that this hasn't unfolded as you thought !
regards
Q