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semi_infinite

11/09/17 11:44 AM

#3637 RE: myke2 #3622

Current o/s count includes series a and b warrants. I didn't take that into acct in my prior review of share structure. Additional shrs will depend on prices received on sales of ATM shares. There is $50M ATM outstanding if recollection serves. Assuming a conservative $2/shr would add 25m shrs. So 170M+ shrs o/s compared to my prior estimate of ~220M shrs prior to fda clearance.