Ayala Pharmaceuticals Inc (ADXS)

[Harold_T_Solomon]

**** Note: my previous post on bankruptcy lacked due diligence - apologies

More information regarding viability, page 30 of SEC filing:

"As of April 30, 2019, we had approximately $33.7 million in cash and cash equivalents. Management’s plans to mitigate an expected shortfall of capital, to support future operations, include raising additional funds. It is our belief that we expect to have sufficient capital to fund our obligations, as they become due, in the ordinary course of business until January 2020."

So 6 months, hence the need to raise more funds. If it's not by a partner, time to punt.

Link: http://app.quotemedia.com/data/downloadFiling?webmasterId=91030&type=HTML&ref=12957839