hi Lfc, I think we have more then a fair idea where the funds have gone and will continue to go.
the pertinent question is; costing for this to go it alone to the completion of the said ‘three’ years, a frank answer may well be very much of a eye opener and actually account for the disconnect between the spiel and the sp. I will await this answer with great interest.
that a offer of $50 is not enough, nor $100 per share for a 5 billion dollar product and with no one single failure of the science up to date there should be no excuse why the next raising should not be done at $25 plus.
continual allotments of shares issued at ‘mates rates’, (current levels) needs to be a event of the past, at way higher levels it will be welcomed and accepted.
can’t help but feel that with this company the ‘carrots’ they dangle still do not reflect in the sp and substantiate the more than reasonable spiel they talk.
i don’t like the hard questions, but not asking them is a head in the sand outlook, all imo.
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