I share your concerns especially since we have seen a marked decline in the share price since 22nd February from a high of $1.01. The only consolation being some information I had today from The Street. Apparently PYMX are keeping the lid on something and some kind of announcement will be forthcoming.
I anticipate that a further raise will be announced but this could lead to an underpinning of the stock above current trading levels. Other announcements may also be made. Whatever the present outcome I think that now is not the time to panic and I am continuing to hold my position.
I hope this helps but I expect Bo to come back with one of his sarcastic remarks!
PYMX has no respect for its stockholders ,treats them as an annoyants.If they are raising cash they should offer a rights issue , not bring in some other broker with over generous warrents and low buy in. Once again devalueing PYMX stock price as NUMPY NICK did last time. Replace the CEO with somebody that has integrity.