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DewDiligence

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DewDiligence

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Re: DewDiligence post# 192334

Thursday, 05/12/2016 9:25:40 AM

Thursday, May 12, 2016 9:25:40 AM

Post# of 257295
GBIM -45%/PM on insolvency warning:

http://finance.yahoo.com/news/globeimmune-announces-updates-financial-results-103000853.html

At March 31, 2016, GlobeImmune had cash and equivalents of $8.7 million. The Company believes it has sufficient cash to operate the company as a going concern through the middle of 2017 as it continues to evaluate strategic alternatives.

If a strategic alternative is not found in the near future, we could decide to wind down the operations of the Company which will consume cash faster than currently planned as a going concern.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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