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Wednesday, June 08, 2005 7:01:23 PM
Past my bedtime, had to peak in while checking my emails.
As suspected, it appears a placement of some sort is underway, with Melton, accredited investor, or R&R investors. Cash infusion...and voila trials will start enrolling....! That's just the way it is...who sang that song...Bruce Hornsby...?
So, SK is going to focus on the viral aspects of Tarvacin at this conference. My guess is the company is going to unveil some more viral pre-clinical data here, more than just Lassa Fever guinea pigs. The company HAD to submit Hep-C animal studies in the viral Hep-C IND to satisfy the FDA criteria for proof of concept...this information should become public and really should be available to shareholders now, the investors at R&R will ask for this information at breakout.... I think the time for announcing that data is just around the corner. If I was PPHM I would come out with what I got so far before next Wednesday, or on Wednesday morning. I sure hope he's not going to TOUT Lassa Guinea pigs only....
I don't know what the cash position is right now, but I'll guess the company may tout 15-20 million before walking into R&R next week. After that R&R may find investors for the remaining shares, who knows. We'll see if ES's visit to NYC was fruitful...
Be back later next week....carry on!
katie....
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