Ayala Pharmaceuticals Inc (ADXS)

[James salmon]

I think you are forgetting 1 or 2other possible reasons;

1 New CEO being given additional months of cash runway, without the need to immediately dilute as soon as he comes on board.

2 Going concern issue would effect company as it would have under 12 months of cash available, and if any other funding means are being worked on at moment that are non dilutive would this have any impact on those if clause was in place.