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Replies to post #78951 on Anavex Life Sciences Corp (AVXL)

Replies to #78951 on Anavex Life Sciences Corp (AVXL)
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scottsmith

10/29/16 9:32 AM

#78958 RE: TomP1 #78951

How long ago did Missling said they were good on cash for 12 months?
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tob999

10/29/16 11:21 AM

#78994 RE: TomP1 #78951

Yep and he has kept his word on that score thus far. Partnership would provide for future funding with no need for selling shares in the short term.
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ExtremelyBullishZig

10/29/16 11:41 AM

#79000 RE: TomP1 #78951

Yes, statistics don't lie. You should never believe a CEO. If a CEO says he/she has your best interests at heart...it means...he does while they are the same interests as his. Once his interests change...he will no longer have your best interests at heart.
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LakeshoreLeo1953

10/29/16 12:17 PM

#79012 RE: TomP1 #78951

Burn rate won't support accelerated or new trials for 12 months so we can basically disregard that contention. When it occurs a similar response will be forthcoming from Missling.

That being said, financing is not like your AMEX Black. Terms are decreasingly in your favor as time frame shrinks. So, if Missling is not already seeking options then it paints a poor picture.