Ayala Pharmaceuticals Inc (ADXS)

[ubmmg]

I hope when KB opens his mouth in the front of investors for the 1st time (be it Jefferies or I&A day), he won't use TL's catch phrases:
a) Inflection point (that turned out to be the falling point of inflection -- we don't need negative 1st order derivatives after that IP);
b) Four Franchises;
The runway for KB to take off is getting shorter and shorter by each deay passing. His 1st month as the CEO has been as unremarkable as it gets. No leftovers from TL, no surprises. The cash TL raised during the last secondary has been burned through the big and tall brick exhaust tower. That money is now gone. Will need to replenish the cash quickly, sometime by August. How can he do it without running another dilution?