Ayala Pharmaceuticals Inc (ADXS)

[jckrdu]

Sold my remaining small position today. GL to those holding.

Yep, partnership discussions in process on many fronts, but no results. Based on a comment from the CFO today, could still be a while before any deal with non-dilutive funding is announced. Per the CFO, she said words to the effect "While funding the company through non-dilutive financing is preferred, that type of funding can take some time." IMO, that's code-speak for non-dilutive cash is NOT coming anytime soon. With operating cash down to about 6 months, odds favor another offering before any significant non-dilutive funding partnership, IMO.

Also disappointed with HOT data release being pushed from 1st half this year to 2nd half this year. In response to a question during the Q&A, KB replied that "a couple" of HOT patients have been treated. That means 2.