" In addition to this financing, Imugene has put in place a number of operating initiatives to extend the cash runway of the company. This includes streamlining manufacturing operations, optimizing workforce levels, and reducing administrative overheads. The result of these savings provides cash runway into late 2025 (excluding funds from possible warrant exercise)"
Well what I would find appealing is if Leslies and a few others salary was scaled back. Its not necessarily that I think they arent doing a good job, it is that being paid millions a year plus bonus shares seems to me excessive renumeration for a speculative venture.
I was hoping they had a commercial deal lined up. These convertable notes are still dilution.
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