Key takeaways for me were:
- Confirmation that CRO is "extremely well financed"
- AF re-affirming CR
- Phase 1 testing completed and some issues were discovered and challenges needed to be met BUT they have already moved into Phase 2. I take that to mean either: A) Issues/Challenges were minimal or B) Response to fix them was quick and either or both of these would be great.
- AF mentions taking a more aggressive approach with how they commercialise. I take this to mean an acceleration of commercialisation strategy.
All in all, a great interview showcasing that this money will be well spent and growth to increase
Ann: $18 MILLION PLACEMENT, page-343
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