Cel Sci Corporation (CVM)

[Kami_ss]

Well, that was my first point... didn't they expect to get positive results...? Nothing is guaranteed, we all understand that, but with a better strategy to could have given it a few more days while avoiding running out of money.

My main concern with the recent offering is that, if the management really thinks that the upcoming arbitration will be in its favour (and won't be further delayed), then why didn't it wait until the good arbitration news boosts the PPS and then do the offering to raise money fast with less dilution...? Aren't they expect to win? Or do they believe that the arbitration is going to be postponed again?