Cel Sci Corporation (CVM)

[sab63090]

You might be right, but I think Geert does want MORE money on hand. I agree that $20 mil on hand "should be enough", but it's possible that it "might" go past September 25th 2020. Who knows?

I don't and I don't believe anyone here knows for sure, including Sushi who suggests that an increase in cash by 50% is "meaningless"....$30 Mil is a lot more than $20 mil.

Any feeling (or worry) that it goes to even early October, would pretty much force Geert to accept that it might go past October, so he would have to negotiate any extension prior to that end date (October 28th). I am assuming Geert is really blinded to data.

Let's say that Geert does NOT roll down the Oct. 28th 16.75's like he did with the $19.75's to $13.75's (and add'll xx and yy wts).

Cash comes in handy on carrying forth research for LEAPS and potential lawsuits (IP and prior favorable treatments on warrant extensions and roll downs....I don't claim to be an attorney).

At this point, I'll just wait just like everyone else and see what shakes out....the stock price will reflect the changing winds as long as the volume is enough.

Tonight we see how the shorts were structured going into month end August. They have not had a lot of trading volume to close out their bias.