Seelos Therapeutics Inc (SEEL): Eicoman, The company has multiple eff...

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Seelos Therapeutics Inc (SEEL)

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Re: eicoman post# 21572

Wednesday, 02/11/2015 8:06:36 AM

Wednesday, February 11, 2015 8:06:36 AM

Eicoman,

The company has multiple efforts going that are going to require cash to fulfill. You can not predict the future so it's prudent to plan today.

They MUST raise the cash to push RayVa and Fispemifene and this move is smart IMO. Nobody likes dilution... Nobody...

But having the cash combined with the Aspire deal and now time to ramp up Vitaros sales the company is in a much safer spot.

In the event that anything went wrong, the company could have been in a cash crunch with a PPS driven by fear. You want that instead? Take a breath... This was one of the smartest moves they've made.

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