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Tuesday, May 10, 2016 10:06:44 PM
Yooper61 Tuesday, 05/10/16 09:56:13 PM
Re: MXAMDUD post# 147174
Post # of 147204
What if you were CEO? You knew B-OM was going slowly, and hypothetically, P is a failure, and you need $22M in the next 12 months. Would you tap Aspire for only $1.7M, post trial completion? He had immediate working capital needs (B-OM trial, changing CRO, ramping up for May start of B-UP). If Leo expected a lower sp due to P results, he would have diluted way MORE!
All I say is IMHO and not to be construed as investment advice. I know nothing, as informed frequently by my wife.
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