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mtlebomac

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mtlebomac

Re: skyhawk66 post# 60824

Tuesday, 02/28/2017 10:30:13 AM

Tuesday, February 28, 2017 10:30:13 AM

Post# of 203914
Right! But let's be perfectly clear here, there was no cash outlay, rather the release of 300,000 Restrictive Shares...aka non-dilutive financing.

A genius move by management.

For NEWBIES

Here's a link from FELLER's breakdown of the 8-k and what non dilutive financing is and how it pertains to biotech.

http://ownthefloat.com/index.php/2017/02/25/owcp-irb-approval-nih-registry-oh-my/

NOT A NEW CONCEPT (2012)

http://blogs.nature.com/tradesecrets/2012/10/09/non-dilutive-financing-for-biotech-startups

Good luck. OWCP$$$

Nice try!

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