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DewDiligence

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DewDiligence

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Re: 10nisman post# 13457

Thursday, 08/07/2008 11:30:25 AM

Thursday, August 07, 2008 11:30:25 AM

Post# of 19309
Re: Cash usage

>The above Ovation and LFB payments ($8M total) are not included in the $14M calculation. Right?<

Wrong—these payments from LFB and Ovation are included in the cash-burn guidance.

GTC needs another financing transaction or another partnership deal to make it through 2008 (preferably the latter). Regards, Dew

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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