Ayala Pharmaceuticals Inc (ADXS)

[mpreorder]

OK, so let me ask...what "ducks" were put in a row? I'm not trying to be argumentative, just trying to understand this theory.
The dilution raised about 20M, at the current burn rate of 12M/month, it LESS than 2 months added to the runway. I'd argue this is NOTHING. This actually begs the question of why did they even bother?

To me, allowing shorts to cover is the only thing that makes any sense. (And btw, thanks to iggy for pointing out we'll have to wait till mid March to see if this is true.) And if for some reason this ISN"T true, then I'd say we're all in for a world of hurt, because more dilution is on the way. Think about it...if we always have to have at least a year in the bank, where are we going to be in 6 months?