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Biotech / Medical : Biotech for less than cash value -- Ignore unavailable to you. Want to Upgrade?


To: rkrw who wrote (348)8/25/2014 2:22:02 PM
From: DewDiligence_on_SI  Read Replies (1) | Respond to of 684
 
Agreed on both counts (cash burn and reverse merger). If management were willing to entertain a reverse merger soon, there would be upside from the current share price. But they will almost certainly drag their heels, continuing to talk about resuscitating the ACS program while frittering away the cash.