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Re: None

Wednesday, 06/25/2014 10:46:30 AM

Wednesday, June 25, 2014 10:46:30 AM

Post# of 157
$AERI Has LESS THEN 6 MONTHS CASH LEFT WARNING AERI 700 Million Mkt Cap For a Company that has Less then 6 Months Cash on hand Net change in cash and cash equivalents (33,806) Only 65 Million Dollars in Cash Left

Simple math here Company Burned -33.8 Million Dollars Last Qtr According to SEC Filings Company projects actually even greater cash burn going forward company has 65 Million in cash on hand

65 Million -33.8 Million= 31.2 Million in cash left next Qrt actually that qtr should be coming up

31.2 Million - 33.8 Million (Could be more) anyways leaves a Negative Cash Balance

Company has NO Revenues

Drug want be avaible till late 2015 Company dont even have enough cash to last that long!!!

Also projected sales is only 20 Million a YEAR

its a freaking eye drop company


http://www.sec.gov/Archives/edgar/data/1337553/000119312514197055/d718257d10q.htm
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