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Alias Born 08/03/2002

Re: Zeev Hed post# 87569

Monday, 03/17/2003 6:08:22 PM

Monday, March 17, 2003 6:08:22 PM

Post# of 704041
<...they do not seem to have much money left in the till and with their current burn rate, what 3 quarters?



Dr. Z, they received $15 million in Dec. and will receive $10 million next month along with FDA approval plus similar amounts when a marketing agreement in Europe is made.

Tostrex is followed by Tostrelle, the female version of Tostrex, pending FDA approval and marketing deals later this year.

25% of the shares have been swallowed up over the last few months. CLGY has some big bang potential.

http://biz.yahoo.com/prnews/030102/sfth013_1.html

Thanks for your comments.

Simon

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