They had $4.2M end of last quarter
Planned to spend $1.7M
That leaves $2.5M
They don't have to raise straight away but I'm starting to see more and more companies bite the bullet and raise earlier rather than when they are down to their last dollar
I agree with a few hear that the constant CRs is what is holding it back. It looks like it gets up to around 12c each time, then gets sold off right before a 7-8c raise.
They have had plenty of beauty holes too! I am still confident they will get it together this year. $40M market cap very reasonable.
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