capital raising, page-24

Now to the narrative from CVN in its last 4 or 5 utterances.This is my interpretation of where we are at:
1. Eco DONT presently have a silver bullet for the V regimes problems.
2.Eco know that the developing of a silver bullet will take a lot of science and time and more money than is appropriate to CVNs cash balances etc.
3.Eco intends to have CVN share the pain of developing the silver bullet.
4.CVN is in at the deep end now. They are going to have to watch those bills presented to the partnership that start off " to Operator costs" closely but much more so those that are headed "to professional (scientific) and engineering services rendered".
5.CVNers are being required to take the medicine associated with a disastrous(to date) V foray,but with a lot of hope there for a significant improvement
over time.The S regime is confidently anticipated to produce good but unspectaculer forward momentum,sooner rather than later.
You pays your money....
I think the SP will slowly grind North from here but there will be a wait for the scientific results to come to the fore.L/T buy now,IMO.