Questions regarding funding are premature. Anavex claims they have cash sufficient for 24 months. Therefore one should not be overly concerned for about 12 months. Twelve months may be sufficient to mature the pipeline to the point where the market valuation and therefore share price makes the LPC agreement either irrelevant or highly beneficial. I would expect LPC will be tapped along the way. Remember there are titration provisions one is no more than 50k shares every other trading day and no more the 20% (some percentage that is best recollection) of daily volume at a price above $3. Questions now about funding are as sniper fire the only aim is harassment.
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