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Re: Jumpinjackas post# 39769

Thursday, 10/13/2016 2:05:15 PM

Thursday, October 13, 2016 2:05:15 PM

Post# of 45206
Jumpin, It's still good to have the reverse split out of the way since that cleaned up the company's capital structure. It also gave the ability to do more financings since the authorized share level was left pretty high (70 mil). Now they just need to find some willing investors.

The confusing CX-1739 RD results didn't help the cause, and then the retraction of the press release of the results, but the Dronabinol results are coming soon so there's some reason for optimism. Dr. Lippa et al have been pretty savvy on the business/financing side of things, so if there's funding to be had out there they should be able to get something.












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