I don't know either. The huge deal with CELG was to survive as they were teetering on bankruptcy. They had no leverage and gave up a lot. Have you looked at the SEC filing on the deal with CELG? Talk about future dilution with CELG being able to exercise warrants for .69 and convert to shares. Warrants and notes up the yin yang. Also they are beholden to CELG with their technology.
I dont know....looks like they are hemoraging cash.....also look at what the executives are paying themselves with no revenue $500k apiece??? ONVO executives are all paid basically in stock only $60-$80k in salaries putting all their monetary reward in the actual sucess of the company. TNGN sounds good but looks like its not managed as tight as ONVO and for a startup that is key whether you have revolutionary technology or not.
dont make things up.... these guys made a bi deal with another BIG company, huge upside potential, you afraid you only buy when the stock isup malready, better buy before start to go up, this one goes to 5 within a month