Monday, July 24, 2017 10:22:45 PM
Have not been exercised at $.56 That would bring in $2.4 M cash to the companies balance sheet.So there were about 64 M shares currently outstanding
These people probably exercised the warrants and locked in their gains at the highs.
Seems to me that the added dilution
Also brings extra cash that maybe overlooked as
We need some catalysts like s partner
For cislis,news on the patent front
I think the licensing and marketing for tadafil will be quite substantial and their biggest payment yet not including their manufacturing gross profit of over 40 percent.
For example $5_ $10 M licensing fee
and 40 percent gross profit on $300-$400M with s net of 8 to 10 percent
$30-$40 M divided my 75 M shares
$.60 net profit times a p/e of 8 equals
$4.80. I think this will materialize at this level in 2019 but will start to ramp up in late 2018. this is all a guess though
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