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Post# of 248836
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player1234

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player1234

Re: aleajactaest post# 242346

Thursday, 05/28/2015 9:39:28 AM

Thursday, May 28, 2015 9:39:28 AM

Post# of 248836
According to the company, "Net proceeds to the Company from the offering, after deducting underwriting discounts and commissions, are expected to be approximately $5.1 million."

That is less than a quarter's burn rate according to the last 10Q. (abt $7.2m)

If they can work the share price up and get the warrants exercised, they would get enough to make it another 1.5 months or so.

Being "wrong" has been extremely profitable.

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