Yes that is the issue 'confidence in the rest of the pipeline'. I want to be reassured that whatever issue(s) are preventing launch and sales revenue won't also impact the rest of the pipeline. I'd also say that of the embarrassingly numerous small caps I've owned that have gone pear-shaped, inadequate disclosure, lack of transparency and the need to raise capital are features they all share. The company needs to tell us what the problems are and how it plans to resolve them - or see confidence eroded and capital raised at a much lower price with more dilution than necessary.
PIQ Price at posting:
86.5¢ Sentiment: Hold Disclosure: Held
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