Assuming approval, they will owe $25 to Psividia.
They also will have burned another $10+ million in cash in 10H2.
That doesn't leave too much cash.
What are these guys planning. The way I see it the choices are:
1) sell out
2) do a secondary
3) Come up with some kind of marketing arrangement that provides them with cash up front or some good cash flow.
Have they talked about the plan?
Thx
aa