PolyMedix, Inc.(fka PYMXQ)

[gandalf2325]

Enough to extend the runway into 2014. 35 million shares? It would likely be something like that. Maybe with the shutdown of 60056, expenses will be lower and $10 million will be enough. A reverse split would also be a part of it if I was running the company.

Then again, if I was running the company, I would take the best partnership deal I could get and move on down the road. Spend my time monetizing other assets that are currently being ignored. Do a co-promote deal and retain the option to build a sales staff with brilacidin. That way you build up the company slowly, but reduce the growing pains. Leverage that sales staff with follow-on products.

The financial uncertainty is what is killing the stock. Do something (partnership hopefully) and get brilacidin into that Phase 2b trial. ASAP.