Definitely a case of a company going public way before it was ready. Surprised it actually succeeded. VCs made their money. Not sure on us suckers who bought the stock.
Not the only ones - others do. I've been in the room and seen it. Patients are awake for a reason w/ certain procedures. Germans/Siemens is almost always the mfg. that is ahead of everyone, then the Japanese & Israelies, then the US - like GE. If Siemens is genuinely interested, there is something there, just not sure what.
yes, but they are the only ones who provide real time guidance for the procedures. plus patients don't have to be awake during their procedures, unlike normal brain surgery.
I think it actually can- only raising 5mm is not enough- they need another 5mm for the brain lab note in a few months. Unless they can re-structure that deal... we will need another round of financing. they need more surgeries- a lot more.
20% down the day after an announcement that in theory is supposed to be a positive. Really hard to stomach. We had no cash, now we have a little and paid through the nose.