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Zack2000

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Zack2000

Re: None

Tuesday, 05/24/2016 3:25:35 PM

Tuesday, May 24, 2016 3:25:35 PM

Post# of 8169
But I am confused about the actual number of shares outstanding? is it 3.4Million? They had a split a while back as well.

The Company ended the first quarter with $1.9 million in cash and cash equivalents, compared to $3.9 million in cash and cash equivalents on December 31, 2015. When added to the approximately $7.2 million generated from the recently completed public offering, the company estimates that its available cash and cash equivalents should fund its planned operations into the first quarter of 2017. However, the company expects that additional capital will be required to complete its planned clinical and preclinical development.

http://news.money.ca/2016/05/12/cellectar-biosciences-announces-first-quarter-2016-financial-results/
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