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Replies to post #1901 on Cytori Therapeutics, Inc. (CYTX)
Skyline
04/15/15 1:50 PM
#1902 RE: turokman #1901
We have not designated any portion of the net proceeds from this offering to be used for any particular purpose. Accordingly, our management will have broad discretion as to the use of the net proceeds from this offering and could use them for purposes other than those contemplated at the time of commencement of this offering. Accordingly, you will be relying on the judgment of our management with regard to the use of these net proceeds, and you will not have the opportunity, as part of your investment decision, to assess whether the proceeds are being used appropriately. It is possible that , pending their use, we may invest the net proceeds in a way that does not yield a favorable, or any, return for our company