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Turtle65

10/21/16 9:57 AM

#79966 RE: beachlifeisfun #79965

Yes, Beach. You are correct. It will still drift abit if no news in 30-45 days. But yes, it is non- toxic. But it was not a direct offering at current pps, but significantly lower....I will buy more , if we dip hard. Thx

Poor Man -

10/21/16 10:01 AM

#79971 RE: beachlifeisfun #79965

Direct Offering - No Warrants.

Agree, that's at least a silver lining.

Goods news is they're preparing for the Phase II. Not so good news is the company doesn't see much capital coming onto the balance sheet from its pending collaboration.

Wonder what the story is there?

chinatown1980

10/21/16 10:37 AM

#80008 RE: beachlifeisfun #79965

Very positive huh? They couldn't wait to raise funds for Direct until after they release positive news on L in a few weeks? There's nothing positive about this. It isn't even half of what they currently owe Cognate. The best terms they can find are .38 a share (a 25% discount).

All of your calls, worthless. All of your warrants, worthless. All of your shares, will be worthless. But this is actually positive. Because it was a good leaning experience. You helped further research. See it's really a good thing for you. Yeah

md1225

10/21/16 10:39 AM

#80010 RE: beachlifeisfun #79965

Linda is clearly waiting on PIII data before she signs a deal for combo PII trials.

Like I said before I would have taken a deal.

But clearly she is very very confident about PIII update...