Anavex Life Sciences Corp (AVXL)

[sokol]

This is a shelf offering. A shelf offering makes it easier to raise funds over time in increments, as may be needed. It may be partially used over time or used in its entirety over time. Each time it is used, I believe that each use must be accompanied by a filing. I think it is a mistake to say that it will be used in its entirety, and there will be massive dilution. How do we know to what extent it will be used. The correct answer is: We do not know.