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Re: crescentmotor post# 451829

Tuesday, 02/13/2024 9:48:29 PM

Tuesday, February 13, 2024 9:48:29 PM

Post# of 464813
The company has maintained that $150 million in the bank for several years. It does so by selling shares to maintain that balance. There is no reason to think that will not continue for the foreseeable future.


However, your post (including the linked portion) outlines an outlay in excess of $100 million for potential required clinical trials when the company only has $146 million cash on hand. The check book is not unlimited

"The time has come," the Walrus said, "To talk of many things:..."

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