Cel Sci Corporation (CVM)

[cvmibelieve]

I have been reading opinions that since the trial is taking longer that expected that Cel Sci might have to raise more cash to cover costs. I don't think they will have to do that. Based on the SEC filing it seems Cel Sci is already preparing to preserve CASH through this stock compensation. It's also possible that this decision may have made a few hedge funds unhappy.

PROPOSAL TO APPROVE THE ADOPTION OF THE 2019 STOCK COMPENSATION PLAN

To conserve CASH CEL-SCI expects that it may continue to offer its officers, directors, employees and consultants the opportunity to receive shares of CEL-SCI’s common stock (in payment of amounts owed) by CEL-SCI for services rendered.

The Participant understands that if this box is checked the shares of the Company's common stock to be issued in accordance with this Acceptance Form may not be sold in the public market for a period of one year from the date this Acceptance Form has been approved by the Company’s directors and as a result the shares may ultimately have little or no value