COVID-19 Instant Screening test, page-417

So 12 months to reach 25% of their quarterly expenses?? Raising $5m this quarter would give them about $7-8m cash which is less then 12 months expenses currently. So another raise in 12 months and nowhere near break even. Yikes....

You must have an incredibly long timeline to hold this, which I admire as a LT value investor. Sadly for you this end of the market will grow impatient the moment results are less then anticipated. I'll be here to remind you along the way little brown rat.