Sorrento Therapeutics Inc (SRNE): "reputation"? I've followed SRNE for...

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Re: PhenixBleu post# 2542

Sunday, 05/17/2020 6:53:25 PM

Sunday, May 17, 2020 6:53:25 PM

"reputation"? I've followed SRNE for years, Henry Ji (CEO) can be a hype machine at times.
And considering that SRNE had only $21.9M in cash and equivalents at the end of March while operations consumed ($38.6M) in Q1, it sure seems like an advantageous time for such a bold proclamation, to garner government grants or possible dilution.

There's a possible reason.

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