"Did we actually decide to finance with the lender who said they need 120 days?" - seeker
Considering
the pressure they were under at the time, they did move forward with
that proposal. However, they continued to explore other alternatives,
which led them to the Royalty Based Financing option that they're also
pursuing. I encourage everyone to stay focused on the 120-day timeframe
as the outside date, but know that there is the possibility of something
coming together sooner. If that happens it's going to catch a lot of
people off guard... and not just the longs.
NAVB was bouncing around the $1.10 - $1.50 range before CRG stole the narrative, attacked the company and kept the word "Default!"
in all the headlines. The moment Navidea pays off CRG the headlines
revert back to sales growth, profitability and MT news. That could be a
real fine time to own the stock...
DDbuyer