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Friday, April 09, 2021 3:45:05 PM
With a capital infusion of $1.7 million by Nostrum, less than a year ago, it seems unlikely that they would need to dilute existing shareholder equity by selling large quantities of stock.
It all hinges on what their burn rate has been during the past 10 months, but we can’t imagine that Nostrum hasn’t had a say in how money is being spent.
We will get the answers to this, and other questions, once they file the Super 10-K.
In the meantime, patience and perspective are necessary for CRXM investors.
"All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident." ~ Arthur Schopenhauer
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