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Re: NPC1Parent post# 5492

Tuesday, 03/12/2019 9:14:22 PM

Tuesday, March 12, 2019 9:14:22 PM

Post# of 5675
Thanks for that! This is the kind of information that is so desperately lacking on these forums.

There is so little actual knowledge of what is really going on and what the risks really are. Folks often just buy these stocks on a "tip" from a friend or relative and then cross their fingers and hope they've got a winner.

As I've previously mentioned CTDH has been woefully underfunded from the beginning (relative to the competition) and by middle of next month when the 10K comes out I suspect that all things being equal they will show losses as per previous years -- but perhaps not quite as bad.

As per last year's 10K 2017 & 2016 showed combined losses of approx $4 million per year, or approx $1 million per quarter.

Their last Q they had approx $1.1 million in cash and since then did a capital raise of ~ $2.1 million. My guess is they have about a year's worth of working capital before the next raise.

FWIW, I sincerely hope a medical cure is found for this disease and others like it. I have friends who had TWO daughters with Batten's Disease. Both died young and watching their lives deteriorate was gut wrenching. I wish you and your family all the best.

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