OncoSec Medical Inc (ONCSQ)

[straighttalk2004]

TitanV, are you an ONCS investor? If so, I'm shocked how uninformed you are from a business perspective for Oncosec! The 32 million was for cash and cash equivalents as of 7/31/15. Therefore, that number will be $26 million end of this month. $2 million cash burn per month was stated on the cc. Note that since this includes cash equivalents, there is really less cash than that. Companies often don't let cash get below 12 months, and certainly not 6 months. Therefore, it's laughable to think they have money for a few years. They would be bankrupt in 1 year at this pace. Expect a capital raise in the next 3-4 months. And it will have to be a massive dilution to raise another 12 months of capital. Expect 6 million shares at $4 or 8 million at $3. 50% - 67% more shares will hit the open market. Then guess what... ONCS will have to reverse split again to get above $5 PPS so institutions can buy. What I explained above is exactly why ONCS is at $4 and WILL head lower to $1-$2 range mark my words. If you can't see it you don't know bio. You obviously don't even know the very company you post about!