If the term sheet was binding, then I agree with t

If the term sheet was binding, then I agree with the decision not to meet any milestone to avoid further dilution. But the term sheet was non-binding and IPIX is running out of money next quarter. The biggest unknown (to me) is where the money will come from? If the deal can be finalized next month, then all is well. But two months after signing a term sheet is very optimistic. Not bashing, just asking for opinions.