Pluristem Therapeutics Inc (PSTI)

[Scott999]

So some think we have a 4 to 5 million burn rate. Go check out the link to September 2016 presentation by Pluristem.

http://www.pluristem.com/wp-content/uploads/2016/04/Pluristem-Sep-2016.pdf

It states their burn rate at 22 million per year. That in itself, from almost a year ago now, has us at $5.5 million per quarter. But our expenses can't be increasing can they?

Now if you look at the fiscal year end from last year, operating loss was $23 million. Pretty close to where Pluristem's burn rate was at that time. Now look at March 31st operatimg loss. $8.2 million for the quarter.

Looking now at the main differences between Dec 31st and March 31 you will see the following.

R&D spending went from $5.481 million up to $6.579
General and admin spending went from $1.466 million up to $1.866 million.

That's a $1.5 million increase in spending. So if spending is increasing, how do some claim our burn rate to be between 4 and 5 million? How?

So we will need some sort of funds by around March of next year. Get anywhere near the end of this year without an influx of cash or some price moving news and it will be ugly. This is the reason we trade where we do. This is the reason the Sosei deal doesn't close. This is the reason our tute numbers remain pathetically low.

Now I am unfortunately going to be careful as I don't want to be censored for the third time. . For those of you who called me stupid, please state your reason for believing the burn rare is between 4 and 5 million. I believe it is sitting around 8 million.