The cash backing will not last for ever.They will burn the cash fast and will find it very difficult to replace it.Even "instos" got burned badly on this one.With no cash and absolutely no credibility this stock will one day just disappear .Watch it carefully and see where the cash on hand will end up...As for the pipeline of drugs and compounds refered to by management investors would be wise to check the miserable track record of the obesity drug that ended in a fiasco .In my view this company will not survive as it is now.It will have to be restructered and renamed with an entirely new management team as it has lost the most important ingredient to keep investors trust.. "credibility".
The cash backing will not last for ever.They will burn the cash...
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