Fascinating how we can go from ecstatic yesterday to end of the world today.
The major hurdle was FDA clearance.
Imagine the scenario if we were still waiting on FDA clearance and then this quarterly. Would be harder to raise if we were in this circumstance.
You would think with FDA clearance that there would be a lot more willing to invest as the stock has somewhat been de-risked. Possibly a short term loan or small cap raise to tie things over.
What would be the better scenario that we had 4 million in the bank because last quarter there was cautious wait and see capital management. Or rather the current scenario that money has been put to work and hopefully the foundations put in place with much faster progress now with FDA clearance.
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