Cel Sci Corporation (CVM)

[learning curve]

One could spend time creating complex mathematical equations to hypothesize true cash burn.
I don't because the time involved and all the complexities involved......if I were "all in" I would. I've done it in the past, but with experience I have learned it is wasted time (for me based on my financial position and liquidity).

Both replies were correct to a degree....

The simple way to get an idea is to read the latest prospectus:
Read the first 2 pages to find out the max dilution rate over 12 months when market cap is sub $75m.
Then go the part about shares outstanding after offering.
Then include all warrants and mark your calendar when some expire as this will re-open share space.
A company can not issue shares beyond its authorized.

I'm a seller at 10% premium to fully diluted pps that encompasses warrant exercise.

So in regards to share structure those are the limitations; currently.

Some expire soon....some go live soon.

I would focus on that.

But, the options are endless....geeert and execs could provide a loan for a few mil of they want to....
To buy time. For me, what they did is basically leave the feet. i wouldn't entertain this idea as it wouldn't mean anything...just another cover for worse case scenario liquidate...