Monday, March 14, 2016 6:55:45 AM
Currently trading with a market cap of just $38 million, THLD ended 2015 with $48 million cash in the bank. This is $10 million more than its current market cap and the company has no debt. Last year, THLD reduced its workforce by approximately two-thirds, resulting in between 20-25 remaining employees. This will go a long way in reducing the company’s burn rate and conserve cash. Overall, we think the worst is behind THLD and expect better days ahead for the company and its shareholders.
link: http://www.insiderfinancial.com/threshold-pharmaceuticals-inc-nasdaqthld-making-a-comeback/114785/
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