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Re: ash111 post# 40579

Wednesday, 10/25/2017 12:17:31 PM

Wednesday, October 25, 2017 12:17:31 PM

Post# of 48316
With the recent capital raise of 7 million minus the burn rate since past quarter and current quarter we should be around 14 to 15 million in cash, but that should be enough money to get us to PISCES data release before another raise is needed. If we strike a Licensing deal next year we will be in excellent shape. If we don't immediately get a deal then we are in for more dilution....but most likely shares would be sold at a much higher price in anticipation of a big deal after positive PISCES data release and an accelerated FDA approval.