PeaceAKKI ill give them the benefit of the doubt and see what they come through with at the end of June 30.
Not many companies can do what they have done in 2 1/2 years in signing 4 of the TOP 10 big pharmas! That in its self is a great achievment.
Either way we are looking down the barrel of another cashflow positive quarter!
$500,000 already in the bank is a great start. Lets not forget Janson paid $1.2 million upfront i think it was and the company said they would continue to increase upfront payments so if we get 1 signing at say $1.4 million we are we and truely cashflow positive just with that deal ,what if they can pull off 2 deals this quarter and add the milestone payments??
Weather they come this quarter with the new deal or next i beleive the company is well on its way to meeting its targets and increasing its cash balance which is most important.
What we need to do is cut the company a bit of slack, they are working very hard and in the bio industry nothing runs on time so you need to expect delays every now and then.
PYC Price at posting:
4.7¢ Sentiment: LT Buy Disclosure: Held
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