You make a good point. I think the core issue is that Nader set expectations unnecessarily high. He reiterated very recently that we could net up to $53-54m and repeatedly stated the TO was going very well. If, from the get-go, he had stated we'll be happy raising any amount and even $10m would go a long way towards advancing the company, there wouldn't be so much disappointment among shareholders.
My point was that the lack of good news during the TO, and the lack of an extension of the TO to exploit upcoming positive news, is unsettling. Does it mean we won't get any great PRs for another month or two? Let me be very clear, I hope not and I'm not putting that out there to be a naysayer. But if, for example, the TNBC injection PR is coming next week, why not extend the TO two weeks...?