$2.8MM of the $4MM in financing tied to milestones. PPCH hasn't been specific as to when they might submit for ODS, anyone know? Human Trials could begin later this year w/ FDA approval. I would think PPCH would have to be meeting with the FDA soon...
1- Yield Cos and other SUNE Legal Entities get pulled in due to financial/management ties.
2- Judge believes Financial Statements presented are materially false/misleading in terms of Debt Position.
3- Material Transactions related party transactions that accelerated liquidity issue.