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Re: tryn2 post# 197197

Tuesday, 11/13/2018 10:25:26 AM

Tuesday, November 13, 2018 10:25:26 AM

Post# of 701236
These financings don't happen overnight, they have obviously been working on it for a bit. I am hoping this was the first of several announcements coming in the next few weeks. Maybe a PR about the SNO conference this weekend with Liau, then a data lock/topline announcement. I don't believe you do a small, $5 million financing to kick the can down the road unless you feel you can get to warrant conversion money before the $5 million runs dry. And, their average burn rate is almost $5 million per quarter, so I am anticipating news sooner rather than later.
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