Options exercise is a good sign with more cash coming in (not that we need it!)...currently there is ~$6.5m in the money oppies that need to be exercised by 2020 and most of them are due to management. Also gives a little more liquidity when things are tight (like now), nobody is dumping on market just proving a stepladder to new investors.
It took May - Nov for Cohort A, almost 5 months into Cohort B recruitment so cannot be too long left as Kilian said today, you imagine they are down to the last 1-2 at this stage.
Options exercise is a good sign with more cash coming in (not...
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