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Re: EM post# 5588

Tuesday, 05/09/2017 5:55:24 AM

Tuesday, May 09, 2017 5:55:24 AM

Post# of 8449
We can see some dilution but may not be serious dilution immediately.

They just got NDA filing waiver from FDA - that is $2 million saving - a very big amount for this size company

I don't see huge multiple for this co with all issues related to investigation etc.

So I am looking for medium term bump to recover my losses - company at least file NDA - that will allow partnership

Financially - they are micro-cap - they can afford dilution provided they file the NDA