RE: Dracula1...11 Jun 2019 15:49
Drac, great post!
Sums up things perfectly, but one caveat....
If you are SV or GM etc and know the road is rocky and uncertain with a 5 to 10 year timescale to commercialisation and multiple dilutions inevitable coming along as no cash flow, would you invest?
We have too early perhaps, especially those that have been here for years.
I say that with no disrespect to SH’s like myself as they do believe in the science but purely from a financial perspective, why not wait until it is proven? It seems to be now.
I have invested in umpteen bios over the years but always at P2 as dilution is inevitable beforehand.
Thats why they have never invested beforehand but maybe the tide is changing?