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Re: ErnieBilco post# 976

Wednesday, 03/30/2011 10:15:30 PM

Wednesday, March 30, 2011 10:15:30 PM

Post# of 6072
Hi Ernie,
Not much conversation over at MSB on TLON. TLON is burning through over $5 million per qtr. They have around $22 of the $40 million left. The phase III trial will cause more dilution from the $60 million left on the $100 million financing deal. Will have to wait and see what the FDA wants for the NDA submission. Waited this long. What's another couple months?

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