RE: can we pay debt?28 Jan 2020 19:39
Woodstock, respect for your resilience and positivity.
But, as a fellow holder I’m sure you’ll agree this is a kick in the teeth we didn’t need just when we have a funding requirement coming up.
This is a great company and I’m hoping it’s going to deliver me an early retirement, but someone needs to get control of:
1. The ip - has someone just stolen our raisin d’etre in a cyber attack?
2. Our finances - we need a stable base to work from, without a heavy handed lender breathing down our necks every 6 months. I hope there’s a third party involved because our current cfo has zero experience of being a cfo never mind arranging finance for a rapidly growing biotech company.
This nonsense today has shaken my nerves to the core, I really hope we see the board steadying the ship in the coming days.