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Post# of 108192
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ubmmg

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ubmmg

Re: None

Tuesday, 04/02/2019 7:57:03 AM

Tuesday, April 02, 2019 7:57:03 AM

Post# of 108192
Another Tuesday morning tidbit:

Advaxis had $32.7M of cash and CE as of 1/31/19.
If their cash burn remained flat (albeit I suspect it increased recently) at ~11.5M/Q, the company currently has about $25M of cash. That amounts for about 6 months of cash runway.
By all accounts, they need to replenish their coffers NOW.
Deal or Data -- nothing else matta (per WST). We are past Data cycle, and since there are no deals guess what's next? Question is only how many shares at what price and what is the multiplies for warrants (2x or 3x)?
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