Cel Sci Corporation (CVM)

[Fosco1]

Cash burn and warrants
======================

I updated the warrants sheet

Conservatively 1,3 per month with a bit more of $ 11M cash on hand beginning of May that's 8 months from now so early January like Sushi said

Let's not forget as of 05 / 13 approx $ 12 M can still be raised from In The Money warrants (exercice price equal or below 5$).

Interestingly $ 6M has been raised between 1st and 15th of April , may-be within the low strike price Series WW, RR, VV, MM. That corresponds to the first rush up of pps.

Then between 15 April and 13 May $ 1,3M "only" has been raised from warrants. Enough to compensate cash burn though.


https://docs.google.com/spreadsheets/d/1ulpVesaigAtoU_rXoZ8t-A3sonbKHs6T8YV95lGMYBw/edit#gid=369549476