Cel Sci Corporation (CVM)

[sushifishman]

Cash Burn

Cash burn is closer to $1.2M or $1.3M per month. I agree

My estimate of the Cash Burn of $1.1M assumes about $100K-$200K per month of salary that will be taken via stock vs cash.

Even at $1.3M, this would push it out to Dec/Jan which would mean a raise in Nov/Dec

All of the above assumes no additional warrants converted

I’m still sticking with a raise in Dec or Jan as my estimate has enough cash until spring

Regardless, not in the next 5 months.

News of 298/successful trial changes all of the above.

killcvmshorts.com/cash

Cheers