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gfp927z

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gfp927z

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Friday, 01/16/2015 1:06:30 PM

Friday, January 16, 2015 1:06:30 PM

Post# of 164
CTIX - more dumping today, down to 2.90 currently. Listening to last week's investor presentation, I didn't notice any obvious problem other than the FDA had apparently requested more data analysis from the Brilacidin Phase 2 prior to their giving the OK for the Phase 3.

CTIX only had $7 mil in cash at the end of Q3, so the current selloff is most likely related to an upcoming financing. Looking at the SEC filings, in Nov they had a registration related filing, so one would expect some type of financing to be announced soon.



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