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Re: None

Thursday, 11/10/2016 5:10:10 PM

Thursday, November 10, 2016 5:10:10 PM

Post# of 1091
The Company will need to raise significant additional capital to continue to fund the clinical trials for Resunab. Major dilution 100% sure.

Just read the SEC 10Q
https://www.sec.gov/Archives/edgar/data/1595097/000149315216014751/form10-q.htm

8 million warrants and options outstanding, average weighted price about $1 a share, a nice 20% dilution for longs, LOL

During the first 9 months of 2016 CRBP issued 422k shares upon exercise of options for proceeds of $360k, less than $1 a share!


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