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Post# of 178041
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Re: SC8 post# 148653

Wednesday, 07/27/2022 11:06:59 PM

Wednesday, July 27, 2022 11:06:59 PM

Post# of 178041
The dilution was in July so they have the $1.2 million they raised then plus the $1 million on cash on hand at the end of June (as reported in 10Q). So they have more over 2 million available now. That amount of money can cover salary and general expenses more than 10 months. For you to decide how quickly they will spend it requires you to know the additional research and tests they will fund with that money. Which you do not.
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