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qlt

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Alias Born 07/20/2006

qlt

Re: None

Thursday, 05/15/2008 7:00:51 PM

Thursday, May 15, 2008 7:00:51 PM

Post# of 8214
What a depressing Q. Only new news I saw is that we have enough cash on hand for 8 more months. That should dove tail pretty well w/ our new Corp. counsel. Be shocked if we don't see another private placement over the next 90-120 days to dilute us further. Probably a few million more shares offered at 50 cents or so. They also pointed out the re-priced warrants. Can't even count on the warrants that are announced not getting discounted if the stock price falls. So tough to find any silver lining left. Halfway through Q2, still not a single announcement of a real sale six months after the Nov. announcement that touted 08 as the year of commercial success.
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