Anavex Life Sciences Corp (AVXL)

[poguemahone]

I do hope the CC addresses the issue of the $8M quarterly operating cost running rate. If we take the $19M cash on hand, and divide by the $8M (or more) cost run rate, I get about 2.5 quarters (7 to 8 months) of cash before the company runs out.

Is anyone else concerned about this? Dr. M stating we have 2 years of cash on hand? I don't think so.

Also, the trial enrollment seems to be progressing slowly. The longer these trials take to enroll, the more time and money are needed.

Might this be why DM needed the Preferred shares folks?

I smell imminent dilution on the horizon, unless we have some unannounced grant money coming our way.