So, it looks like there won't be that desperately needed Series F $5 million financing....probably since there's not enough investor demand, otherwise they would have gotten it done. Company seems to be scrambling for any available cash and settled for a small $600k Series G tranche. The result is there are still no funds available for a salesforce, and unless something drastically changes, expect this type of scrambling financing to continue, leaving common shareholders more and more diluted.
Let's face it. If PBIO's technology was really that strong, raising capital would not be so difficult.