Friday, May 13, 2016 7:35:39 PM
The Dronabinol trial is being fully paid by the NIH, but I can't figure out how they're paying for the recently started CX-1739 RD trial and the other company expenses. They're obviously paying for it somehow, so I must be missing something. They've done numerous 'Exchange Agreements' recently, which appear to swap older warrants for new, but not sure if the company gets any new cash as a result of these transactions.
It would be nice to get an update from the company. Perhaps additional info will be forthcoming in the next investor presentation Q+A.
http://www.sec.gov/Archives/edgar/data/849636/000149315216009771/form10-q.htm
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