Anavex Life Sciences Corp (AVXL)

[A_Good_Day_2]

Again... comprehension is a necessary and important quality investors should learn to develop.

Here is the exact question asked:
“What are going to be the costs projected for the next phase of trials and is the company well-capitalized to do that? Do you need to go out to the market to raise more funds or should we be expecting a partner with this good news that you have so far?”

Here are Missling’s exact words in response:
“So, the finances are mentioned in the last slide. We have two years of cash that includes all the budget for the studies we have announced we will entertain. Which is the Rett Syndrome study, which is the Parkinson’s Study, and which is the Alzheimer’s phase 2/3 study. So we are well-funded. We right now don’t need to raise any funds.”

He says we do not need a partner at this time. He says we don’t need to dilute. And he says we have enough cash on hand right now to fully fund the projected budgets for all three trials.

That is what he said, like it or not. Thems the words.

Now... you may doubt that what he says is going to work out as he expects, but he said what he said and you can’t change it.