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Re: blueyedcatch post# 4726

Wednesday, 08/10/2016 10:05:13 AM

Wednesday, August 10, 2016 10:05:13 AM

Post# of 108192
Blue, IMO Advaxis doesn't need to stock the war chest for the next five years at this moment. The Amgen deal did two things...firstly (#1) validate the platform in a much bigger way since a BP is putting up Big $ (also validate our management team with respect to cutting a shareholder friendly deal). Secondly (#2), remove the immediate overhang regarding where the next funding will come from. Advaxis won't need money until the end of '18 and perhaps not even then, based on future milestone payments for MINE. I also believe #1 caused the initial pop in the share price but #2 will be the gift that keeps giving as the share price continues to appreciate into the $20s.
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