OncoSec Medical Inc (ONCSQ)

[lasers]

Yes $ONCS did use boiler plate details in their S3 so as not to restrict the use of the new funds IF and When they get their new $.

As I look at the $ONCS S3, it is very similar to other biotechs that are ratcheting up their pipeline. It stands to reason that IMO any new Partnerships would in exchange take $ONCS shares as well as incur additional administrative and accounting costs to file SEC/IRS details and transfer those shares to the new Partner.

Bottom line $ONCS doesn't need the S3 for ongoing details but will need the S3 for any and all details in securing the support actions for the new trials planned in 4Q2014.