I've seen this before, companies getting their product together need to increase expenditure on research and development which increases their cash burn and the need to raise more finance which causes at the same time an erosion of the SP. I'm currently holding 4DX who are in a similar position. That's why they call this situation "the valley of death", because the risk is increased. That's why I'm interested in seeing what the upcoming quarterly will tell us.
Further Update on Edwards, page-167
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