Pure Bioscience, Inc. (PURE)

[236T568]

So how bad are things at PURE?

so bad that they were forced to pay a whopping 22% in expenses for raising funds in a recent private placement only 1.5 months ago

Can you imagine?

A 22% in expenses for a private placement?

this shows how bad the PURE business prospects are such that they would be force to pay that high a fee

https://www.sec.gov/Archives/edgar/data/1006028/000149315217006332/form424b3.htm#a_009

During the nine months ended April 30, 2017, we completed a private placement offering pursuant to which we sold 1,572,941 shares of our common stock and warrants to purchase 1,572,941 shares of our common stock. The shares were sold at a per share purchase price of $0.85 per share, resulting in $1,337,000 in aggregate gross proceeds. After deducting fees of approximately $288,000, the net proceeds to us were $1,049,000.