Pluristem Therapeutics Inc (PSTI)

[Spideyboy]

Hi all, just wondering how far this latest raise of 15 million is going to take us? and how long is the Phase III anticipated to take for completion?

From the company's 2017 first fiscal update, pre-funding they probs had about 24 million in cash, with a quarterly cash burn of about 5 million.

So now with this 15 million injection they have approx 39 million, which would normally last almost 2 years, but with a costly Phase III starting, the cash lasting about 1.5 years at best.

Agreed that if the potential 30 million China deal gets inked then we're fine, and while likely, we can't assume that. And without it we will be in store for another round of dilutive funding in just over a year down the line.

So how far through Phase III are we expected to get on the current 39 million?