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ssc

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ssc

Re: Ahjon81 post# 17493

Wednesday, 03/03/2021 9:50:37 AM

Wednesday, March 03, 2021 9:50:37 AM

Post# of 18220
When you say cbli is undervalued, are you referring to cbli on its own or do you mean the merged companies that will trade as cyto?

To make an educated guess at valuation of the merged companies it would be interesting to know:

Cash position - cbli itself now has about $15 million, imun has virtually none. Anyone know cyto current cash position?

Burn rate - cbli I believe is about $2 million/year. Anyone know how much cyto and imun burn/year?

These numbers would give an idea on how long the cash on hand might last and when additional fund raising (dilution) would be needed. I only own imun, so I am concerned about why it is not tracking the cbli share price and looking for clues to the answer.