, The last part of Erbs's statement , is key to what there up to
"we continue to expect to raise additional capital in 2016. In that regard, we are actively exploring our financing options"
Exploring financing options ? to me it means funding not a raising from shareholders.
Can Erb can get cash burn under $3 million per quarter? confidence will build, we have cash to run to the end of the year .
The show me Milestones ,
Proof of hormonal stimulation confirming heat reverse remodeling and recovery endpoint ? 19th May could be a good day.
Erb gets expedited access to approval -----
FDA approval to implant CP1 under humanitarian grounds
FDA protocol approval for a shorter trial with a far less invasive procedure
Confirm CP2 first in man now will be by end of 2016 ?
SSH will get financed/ partnered into the trial ,
In my opinion this is more likely to happen than not.
SHC Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held