InvestorsHub Logo
Followers 230
Posts 21508
Boards Moderated 2
Alias Born 08/03/2006

Re: Fortrav post# 13797

Thursday, 02/11/2016 7:43:13 AM

Thursday, February 11, 2016 7:43:13 AM

Post# of 15766
A raise. @ .275 combined with warrants ex @ .42 for $7.3M in proceeds. Gets this through to complete the trial and if it works out right, this moves up nicely on results and they'll do the next raise MUCH higher imo, possibly on partnership.

Sitting at this level it is easy to forget how much dilution it takes for such a small raise. I think it gets absorbed fairly quickly.

Why the sudden plunge yesterday? I just stumbled on this looking for something else and the drop caught my attention.



Science is looking good imo. Should "see" by the end of March (1st Q 2016). Happy hunting.

http://www.sec.gov/Archives/edgar/data/1160308/000119312516458471/d110122d8k.htm

"Perfection is not attainable, but if we chase perfection we can catch
excellence." Vince Lombardi
Do your research! Play the TA. All posts are my opinion.