low float and good news! Next target.
They have a viable pipeline
Do they ever?
$2.53 does this mean that is truly the value after they have paid off their loans?
Now where is it headed? Not further down?
Then what is the problem? All good as far as I can see.
Stock offering coming up:
Total Cash (mrq): 5.72M
Total Cash Per Share (mrq): 0.57
Total Debt (mrq): 663.63K
Total Debt/Equity (mrq): 12.12
Current Ratio (mrq): 3.65
Book Value Per Share (mrq): 0.60
They just don't have enough money to start a Phase anything trial.