Monday, October 14, 2019 4:58:33 AM
We need at least five patients in either protocol, after 3 or so cycles of chemo probably, so that's 63 days after point x, whem five patients are enrolled. At current enrollment pace, well, you get the idea... (Hint: it's not Q4 as in the investor presentation).
As long as noteholders and warrant sellers put pressure on the SP, it will get more and more difficult to raise larger sums. This cycle must be broken by the 90m+ deal they hopefully close until year-end. From the financial perspective, they have no leverage. Hence IMO it would have been smarter to negotiate from a position of strength with cash in the bank, by outlicensing rights to ex-US territories.
Recent CYDY News
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