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Re: ash111 post# 40589

Wednesday, 10/25/2017 2:08:08 PM

Wednesday, October 25, 2017 2:08:08 PM

Post# of 48316
They are in good shape for now. I hope their is no need for another capital raise. According to the recent SEC filing for the offering they report "At July 31, 2017, we had $11.4 million in cash and cash equivalents" If they are burning around 2 mil a month we are probably closer to 14 or 15 million cash on hand after the current offering......I think. I hope they have more money than this but I think we are okay until PISCES data next year.
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