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Re: dietryin post# 82172

Friday, 03/13/2015 9:01:50 PM

Friday, March 13, 2015 9:01:50 PM

Post# of 92948
$OCAT "As of December 31, 2014, we had approximately $4.4 million dollars of cash and cash equivalence on hand and approximately $18.6 million dollars available to us under our arrangement with Lincoln Park Capital."

As of December 31, 2014, we had approximately $4.4 million dollars of cash and cash equivalence on hand and approximately $18.6 million dollars available to us under our arrangement with Lincoln Park Capital. As previously disclosed, we initiated the process of marketing the company to institutional investors in the 4th quarter of last year. We were pleased with the reception we received from several high-quality investors, and now that we have achieved the NASDAQ listing and we're nearing the initiation of our Phase II clinical trials, we look forward to reengaging the market and ultimately attracting institutional capital into Ocata. We look forward to updating you further as we continue to make progress against our plan, and we appreciate your continued support. Now I'll turn the call back to Paul.



$OCAT needed $7 to $8 mil of cash and cash equivalence to list on the NASDAQ Global. How did this happen???

... announced that it has received notice that the NASDAQ Listing Qualifications Department has approved its application to list the Company’s common stock on the NASDAQ Global Market, effective with the opening of trading today, February 26, 2015, under the ticker symbol “OCAT”.




How did $OCAT convince the NASDAQ that they qualified for the Global listing???
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