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DFRAI

12/17/14 10:05 AM

#3686 RE: Fred Kadiddlehopper #3685

Does it really matter if its 10mm or 15mm?

Over the next 2 years...this will be a waiting game and the value is there just based on Enhanze tech. Everything else is just gravy

mmller113

12/17/14 2:33 PM

#3694 RE: Fred Kadiddlehopper #3685

Copied and pasted from the 3rd Quarter CC transcript on Seeking Alpha,

"Net cash used in the third quarter of 2014 was approximately $13.1 million. We are leading our 2014 net cash burn guidance unchanged at $45 million to $55 million for the year. If we consummate an enhanced deal prior to the end of the year, our cash burn will be at the low-end or just below this range, while if we do not close the transaction prior to the end of the year our cash burn will be at the high-end or just above this range."



Good luck HALO longs