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Friday, August 10, 2018 11:15:52 AM
1. Update on negotiations with CRO. Has a settlement been reached and does it include financial considerations?
2. Update on how they intend to raise and use capital. Continue with bare bones budget, or raise enough for 12-18 months. Standard type raise either PO or DO, or something off the wall like trying to sell a portion of NOLs for instance - which I have not vetted, but understand is an option.
3. I am certain talks with the FDA have occurred. Update on these meetings and pathway to approval. More trials needed, more info needed, or intend to file for approval now.
4. Future plans in general. Are they shopping for a buyer or partner, or planning to see it through to market.
These are the updates I am most interested in. If they eliminate capital concerns, there is really nothing holding it back. If they intend to go right to approval and have solved capital concerns, then extremely bullish. Good luck to you!
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