Fully funded.......again!!!13 Apr 2018 16:43
I remember when I used town this awful stock, they had the last placing, and guess what they said - we're fully funded for all our plans now. At some point, this Firm risks being unable to raise money at a rate faster than the cash burn, at which point, it's goodbye muchachos, regardless of how good the underlying technology is. Alternatively, they continue to dilute minority shareholders to hell, which will limit PI's returns. Good technology does guarantee a positive return to shareholders.