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Re: A deleted message

Saturday, 06/09/2018 5:09:13 PM

Saturday, June 09, 2018 5:09:13 PM

Post# of 50157
Maybe some will listen, Simpson honorably has stated she doubts she can do the NDA submission by the end of 2019, it is a black and white assertion on her part. She of course would not extend hopes for an early termination of the trial, A+ to her on that, but we can speculate early termination. But even with early termination, it would take about one year from time of termination to actual approval. Early termination though would be huge, it is ever so simple to comprehend.

Also I don't think she ever said no more convertible, she said no more variable financing. I am not sure though a rights offering is different from variable financing, so the issue remains imo. If I understand correctly a rights offering could get the company a lot of money quickly, so outright toxic may be something the company can say NO to. As an example if the company raised $15 million fairly quickly in a non toxic manner, probably additional financing can be shut down if toxic
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