Vivos Inc (RDGL)

[SC8]

I don't decide or estimate anything. I just read the quarter reports. Here's the arithmetic: Per last quarterly report, estimated present burn rate pre-IDE approval is ~$2.5 million per year. That is MK's estimate, not mine. Per same report, there is ~$2.2 million on hand. 2.2/2.5 = 0.88. 0.88X12 months = 10.56 months. Since about a month has passed since last report and $1.2 million of the $2.2 million was added earlier this month, it is accurate to say there is ~10 months cash on hand.

Pretty obvious to me MK is confident of getting IDE approved in that time frame at which point dilution to raise cash for initial human trial and other expenses should be minor vs. prior offerings. There will also be cash raised upon IDE approval, albeit at higher dilution, via exercise of present outstanding warrants.