Thanks Potato. Pretty much sums up exactly how I feel and likely the majority who remain silent and frustrated with significant paper loss.

I think when market digests this letter they will recognize company has various alternatives to raise funds and given what's in the pipeline share price will recover.
It appears to me company hoped they could raise funds and go at it alone while resisting a type of partnership that might involve some ownership or exclusivity in liscencing. I don't see any signs of a cheap buy out. Seems to me Suresh remains committed to see this through.