Ocata Therapeutics Inc fka OCAT

[Auger08]

I just initiated a position in a company, and while doing my DD I discovered they raised 45 Million through Piper Jaffray at 42% below the close on the day they registered to sell the shares, and this deal closed a mere 15 days after they registered. So if I can extrapolate from this instance, granted it is one instance, but it is better than nothing. So if I can extrapolate here, Ocata was offered a terrible deal and they balked on it. So how the heck do they plan on financing themselves through next year, let alone initiate several phase 2 trials. To misquote Shakespeare "Therein lies the rub."