Pigs,
I accept your earlier caution to me and be assured I'm on top of it. I have never been less than excited by the possibilities of this company's technology and have consistently said so. I've also been stung so many times over 25 years or so by exciting technology that never makes it to market that I'm taking no chances here.
I was fortunate to have a low average cost base so took only a small loss on my sale, and that was to guard against a complete price collapse following the Nestle fiasco. The proceeds can just sit there safely while I watch this thing like a hawk.
I'm fully aware of the potential but my earlier point stands, and it's a pretty simple one. If they had 20 mill in cash I wouldn't have sold, but they haven't. What happens when they run out of cash in the first half of next year? They've used up all their goodwill and any attempt to raise money from a placement will be at such a low price the dilution will be massive.
Nobody hopes I am wrong more than I do.
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