Thursday, January 10, 2019 10:42:19 AM
Neither Nader or the board would be endorsing the current raise at the .50 pricing if they were confident the TNBC results would move the needle and create a much improved climate for raising $. They are thinking the company would be making a mistake by not completing the BLA filing with the FDA. In the big picture they can’t afford to gamble and burn another three months. The board must be in agreement that the BLA is the safer bet and is also needed for label expansion to include Mono. While TNBC is the major play it may be further away from creating a tipping point then we think. Although the private raise is a let down and keeps a short term lid on the SP it is the best bet to create more favorable financing in the shortest period of time.
We all know that the SP is held hostage and the get out of jail card is lucrative financing that does not include warrants.
The CYDY Board has spoken. The BLA is the play.
Recent CYDY News
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