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Post# of 702807
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exwannabe

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exwannabe

Re: stockweiser post# 80078

Friday, 10/21/2016 1:28:42 PM

Friday, October 21, 2016 1:28:42 PM

Post# of 702807

Exactly! 5 million? Not much you could do with that this is either a bullish indicator meaning money will come from elsewhere or just the beginnings of dilutions.


$5M obviously does not run trials.

Hell, they took an additional $3.75M new AP to Cognate 2 days ago. So they netted a bit over $1M this week. They are still running on fumes even with the new cash.

And that does not count the totally unknown liability they took on by assuming Adar Bays loan from Cognate.

The "it's so small they must have good news soon" argument has been used here on the last 6 financings.

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