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Re: mrplmer post# 5644

Monday, 07/22/2019 10:58:15 AM

Monday, July 22, 2019 10:58:15 AM

Post# of 6939
No small bio can go at alone. Sales and marketing costs are too high. However, the extra $$ from the shelf offering should put the company in a better negotiating position with partners. Surprised that no one is just buying the company with $70MM in the bank now vs a $100MM market cap...Of course, we don't know for sure if the additional $30MM in funds is in the bank thanks to Sneaky Tom and his Super Duper Double Secret Seasoned Offering. According to the 8K, closing and cash delivery for the additional shares was Sunday, but no news about receipt of the funds today?