I think they will be able to get private financing
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Posted On: 05/11/2018 10:01:29 PM
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I think they will be able to get private financing to jumpstart one or two of these subs. While an entire phase 3b may take 15m it wasn't long ago we were talking about 2.5mil to get the trial going. I am personally pleased they're going to do private first and think it's essential.
I think the whole point of today was to take various products that we're spread out over time, with things changing in between that left current status unclear, and make a current this is where things stand plan clear to everyone so we weren't piecing things together. It's one of the reasons I wrote the blog I did, was to try and get things straight in my own mind.
One thing I disagree with u on is I do not think we need cash now to settle accounts payable. It seems clear they AP will get a deal similar to the tender debtors.
I think the whole point of today was to take various products that we're spread out over time, with things changing in between that left current status unclear, and make a current this is where things stand plan clear to everyone so we weren't piecing things together. It's one of the reasons I wrote the blog I did, was to try and get things straight in my own mind.
One thing I disagree with u on is I do not think we need cash now to settle accounts payable. It seems clear they AP will get a deal similar to the tender debtors.
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