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Re: learning curve post# 6076

Monday, 05/26/2014 2:27:25 PM

Monday, May 26, 2014 2:27:25 PM

Post# of 43784
Depends!! Is it a 1 or 2 year study that would make at least till 2017 then another 6-12 months for analysis and then application for drug another 1 year!!

So if all goes well another 3-4 years!!

Will $75 million be enough??? Burn rate now is about $10 million per quarter!!

So likely not and to keep above $1.00 a share will be a challenge so likely they will need another R/S sometime soon!!


GLTA


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