Because of ATM, the PPS may swing up and down - great for swing trading.
If you like to bet on the swing down it is a winner. They have nothing on the table besides scleroderma and that is a mini indication that will take years to develop. I hope I am wrong but this whole r/s thing is gonna kick the shit out of the longs here. Of course we have already been beaten to near death so the end won't be as painful as it could have been. I should cut my losses but I just can't bring myself to admit what a dupe I have been.
As Diana Ross once sang
"Set me free why don't you babe, you don't really need me you just keep me hangin on"
I agree with you that Cytori will not land a huge partnership in the near future. I do believe they will get one or two smaller partnerships of less than $10 million each that won't give up much on the back end. The key is the quality of the entity. Astellas was a very high quality partner, but it was a research & development type deal. We are looking for a sales & marketing type deal in the EU and in Japan. I think it is possible to raise $15 million this year and then do another deal next year to get us to cash flow positive territory in late 2018. Next year's deal will be after the 48 week STAR data and there is no reason to think it will be any different than previous data.
While I plugged in an increase in the share count by 25 million shares, I am hoping that won't happen.