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rwa3848

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rwa3848

Re: rwa3848 post# 13853

Saturday, 06/23/2018 4:29:01 AM

Saturday, June 23, 2018 4:29:01 AM

Post# of 43825
S-1 indicated Warrants to be exercised obtain for CVM about $8,150.000

Change in Outstanding Common Shares of 1,746,304 from 5-24 to 6-22
600,000 of which went to ErgoMed seems to indicate that 1,146,303
must have been CVM-WS exercised warrants for $2,000,000
$8,150,000 + 2,000,000 = $10,150,000

If there is to be an appeal of ARB by PharmaNet/Inventiv/Syneos then the $10,150,000 should meet cash burn expectations for 6 months if LEAPS or Perianal trials are advanced to their Next development phase.

More than $50,000,000 in warrants do not yet have an S-1 indicated declaration of exercise.

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