RE: HaHa12 Jul 2018 12:49
Flip, response out of sych..
My opinion - based on what is out in th public domain is that we are close to the finish line (my view first deal)..
I also agree with you - IF there is a discounted capital raise, then yes, excising Pi's should be considered... But there is no fund raise - just head room as I mentioned before. JV peeps would want to assure their investment and have it relied upon to support the rest of the product pipeline.
I don't believe the board consider any fund raise as easy option as funding is difficult in such cases.. they take what they can to get the job done... and here we are..