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There is likely a significant financing coming on

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gempicker   Thursday, 03/08/18 09:35:08 PM
Re: None
Post # of 40832 
There is likely a significant financing coming on board folks.

The large AS reserve is probably a requirement from the financier in case business fails or does not come to fruition. Logical requirement...

Original comment was looking to bring in 2 to 20 million.. they talked as if sales would fund clinicals later this year.. now financial package will cover both! Coventry took an equity stake, why?

New financier and Coventry wont want significant dilution at these market valuations..

I expect the financing to be 10 million range now... that will be absolutely huge impact. And this 5 million cap company with disruptive tech for an American health crisis will garner attention.

Ihub money not needed..





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