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Lazarus

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Lazarus

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Re: JellyDonut post# 5451

Wednesday, 10/03/2018 7:58:45 PM

Wednesday, October 03, 2018 7:58:45 PM

Post# of 5675
Some volume in response to today's news

Still watching. The bid and the spread has been dreadful. Of course they need the news and higher stock price because their burn rate is around $1 million per quarter which by my calculations means that they've probably exhausted the last $2 million they raised from the private placement in April ---> and soon it'll be time to pass the tin cup around once again

Next Q due around mid November.

The $2.00 figure you're looking at, I assume is deduced from the buyout of VTESSE.

It's all about HOPE now and getting the drug approved because the book value of the company, by my calcs, is around .01 per share.

Currently does not meet my risk/reward criteria.

Still on the sidelines.
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