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DewDiligence

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DewDiligence

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Re: DewDiligence post# 203094

Wednesday, 11/02/2016 2:48:33 PM

Wednesday, November 02, 2016 2:48:33 PM

Post# of 257465
OCRX had $32.5M cash at 9/30/16 (a reduction of only $2.9M since 6/30/16 thanks to use of the ATM facility); guidance for year-end cash remains $22-26M, implying a projected cash burn of $8.5M ± $2M during 4Q16:

http://finance.yahoo.com/news/ocera-therapeutics-reports-third-quarter-130500471.html

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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