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Ernesto

03/16/16 11:47 AM

#142141 RE: To infinity and beyond! #142132

It's unclear to me how much of any given trial is covered by a grant. I don't believe we can advance them all with $7M cash + grants. The grant amounts seem small and while they will improve our financial efficiency I don't think they are a primary funding mechanism.

This is why Prurisol results are so critical.

If Good, we decide which of our good funding options to take:

1. Partner/License Prurisol for all the cash we will need for all trials we would like to start.
or
2. Sell stock with a significantly higher share price and keep Prurisol for phase 3 development.

If Bad, we decide between the crap options:

1. Sell to Aspire for just the money we need for B P3 and put other trials on hold.
or
2. Decide it's worth notable dilution to continue pushing all of our trials.