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Re: althegambler post# 3191

Tuesday, 01/30/2018 10:02:25 AM

Tuesday, January 30, 2018 10:02:25 AM

Post# of 4273
I posted this earlier. Maybe this is what the Gambler is referring to.

https://www.smarteranalyst.com/2018/01/25/synergy-pharmaceuticals-inc-management-attributes-todays-stock-weakness-investor-uncertainty-companys-cash-balance/

Key paragraph in the above article from SGYP management,

“With two approved indications, they believe Trulance will become increasingly competitive in the commercial market. Essential to the ability to access the next tranche of cash ($100 million) from the existing loan agreement is a cash balance of $128 million as of January 31. For legal reasons, management indicated that they could not provide an update until that time. Expressing confidence they will meet that obligation, we believe actual disclosure of that fact could be a positive catalyst for the stock,” the analyst continued.

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