The market is severely punishing a lot of stocks right now. I'm actually surprised that the vixx isn't higher because it seems like investors are more leary right now.
I was referring to what they have on hand right now. I subtracted the current q loss and the debt payment from the 148.9. Then I was going to try and fiqure out worst case scenarios. I don't think you're too far off if the inventory has to be discarded. Hopefully that's not the case for anyone that's long.
That isn't even the end of that sentence.... they then say assuming that we do not initiate any additional clinical development of PRX 302 we will need to find additional capital to find a second phase 3 clinical trial of PR x302 for the treatment of the symptoms of BPH and for any future clinical development of PR x302.
The company said in their last financials that they would have to find additional capital to fund a second phase 3.
Is why the guidance was lowered so much when the Peanuts movie should really increase licencing revenues. Do they think all their other brands are going to decrease in sales?
I could see the fda announcing an investigation after the MHRA announcement. I would like to know the details behind their decision.
I guess I was hoping we'd hear settlement between the parties soon... pipe dream I guess!