most here are panicking so much that theyd take a $5 offer in a heartbeat.
our previous counter hf trial wasnt going to end until end 2018 ( best case scenario )
2016+2017 enrollments - interim review - 1 year followup
new plan :
new protocols that will make the cp1 even better and more appealing to patients
2017 start , 6-8 month trial , end of 2017 result / approval
+ development of cp2 and hopefully a first in man in 2017.
point is , when you compare both plans right now , the new strategy if executed would be better.
only reason every1 is pulling their hair out is because the stock price is worthless. not a good sight but plenty of upside.
financing : convertible bond/licensing deal/distribution rights/payments upon reaching set milestones
these financing options are all realistic scenarios for us right now which will be better than a stock offering which will be very dilutive. hats off to rosa who had our last offering at $10.5