InvestorsHub Logo

lasers

05/15/14 6:55 AM

#13177 RE: Jumpinjackas #13176

The company always get monies for sale of it's treasury shares. Any new treasury shares placed with a Partner is in exchange for monies. $ONCS doesn't need any new monies now as it has sufficient for two years. $ONCS planned two new trials for 4Q2014 will require monies over and above the current burn rate. These two new trials planned for 4Q2014 (1) Combo and (2) Solid will propel $ONCS as a Major Pharma and Partnership with other Oncology Major Pharmas.

TheEconomist

05/15/14 8:26 AM

#13182 RE: Jumpinjackas #13176

jackas...the company has plenty of money on hand which gives them leverage if a partnership deals is considered.
$ONCS