Arch Therapeutics Inc (ARTH)

[Ziptrader0]

Over the years strong suggestions were made to Norchi by Dr. KSS and s SG member with considerable financial expertise to up-list. Norchi always said he did not want to do this and something to the effect that he did not want "that kind of money." Additionally, he said he was not going to to a R/S. He has said in filings that he will need to raise $ soon. Also he has said in the 10(K) filing that a difficulty with raising money could be a condition of the prior financing tranche was that the two largest warrant holders had exercise 20% of their warrants before he could do another raise.(from memory so I apologize I am am not exact about the stipulation. I seem to remember the strike price of .70. Will anyone pay that now? Can Norchi find an alternative way to raise money?