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biopharm

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biopharm

Re: cheynew post# 63129

Tuesday, 04/19/2011 10:48:19 PM

Tuesday, April 19, 2011 10:48:19 PM

Post# of 346046
Cheynew...

I disagree that Peregrine sold half of their ATM already.. unless I misunderstood what you posted. You mentioned they sold 1/2 ... ? For this quarter, my guess would be that they would sell at the most 5-8 Million worth of their 75 Million ATM.... and thats just to keep the available cash above 20 Million for the end of quarter results. I'm hoping they don't sell any at all in hopes of some non-dilutive cash infusion comes into play somewhere before quarters end!

If you are right about them selling half of the 75 Million... I can only hope its due to them taking this all the way thru phase III for multiple trials. I don't mind the dilution if they can make it thru phase III with positive results because the payday will be much bigger for everyone here!

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