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Re: Amatuer17 post# 3622

Monday, 10/07/2019 12:18:20 PM

Monday, October 07, 2019 12:18:20 PM

Post# of 3834
It looks like some are buying the rumour of something. FDA acceptance of Phase 3 protocol maybe.
where do you get $44 million on hand? The June 30 Q10 stated $52 million. Did you reduce that figure by the burn rate? Also they have only S3 registered 1.7 million shares at maximum price of $3.51 for additional $6 million. Seems like very mild dilution for a company with 56.6 million shares outstanding. If your figures are correct of $44 million that would put cash back to $50 million.
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