Replies to post #192376 on Biotech Values

[DFRAI]

I keep wondering why? I did buy some shares...hoping that money will follow the science

[DewDiligence]

OCAT sells 6.33M* units @$5.50—each unit consists of 1 share and 1 tradable warrant exercisable at $7.48:

http://finance.yahoo.com/news/ocata-therapeutics-announces-pricing-30-001300604.html

Net proceeds (excluding warrant exercises) are ~$32.7M.*

*Assuming exercise of underwriter’s option.