Replies to post #1951 on Skye Bioscience Inc (SKYE)

[TrueTrades]

they may be ready to push forward hard
weve all been waiting for it
20m in the bank with how thrifty murphy has been?
i think patience will pay off here

[Vinpat]

$20 million gives them enough money to ramp things up and have enough reserves to uplist. About $15 million is needed to uplist. I think they've been holding back or not releasing info that may start coming out to drive the price up by the end of the year where they won't have to do a reverse split. Schneider is going to want a much higher profile now. Nemus has a bunch of smart people on board so I have no doubt this has all been mapped out.

[a surfer]

They need capital for trials which are about to ensue.

[scottsmith]

If this was just diluted 60 percent, should a new investor wait to buy? I see SP is up since the raise. Tia