Replies to post #70866 on Ayala Pharmaceuticals Inc (ADXS)

[Traderbx]

Agree that first priority is cash....

But second (or even on par to first priority) is pipeline progress...


ADXS forecasted ADXS-NEO dosing in past and confirmed dosing today... that means pipeline has progressed....

That alone should be the reason for ADXS to rise today

The market is just BOT fair to ADXS

[mortmann]

Yup, well said. It was intentional how they've handled it thus far.

[raja48185]

Let us wait and see what the milestone payment is going to be. Will it be at least 20 million, or no more than 5 million or something in between.

I agree that PR was useless as usual, late and ineffective. When they could have stopped the bleeding of cash long time back by reducing workforce, they are now awake and realized that if left unchecked it can lead to catastrophe. If this is called as 'foresight' by management, then we are in for more trouble.


The PR mentions that the company has enough cash to last for 12 months, thanks to the cost cutting measures. Let us see if they can avoid raising money till early June, 2019. If I am not mistaken, Tony told us last year that they have enough cash to last till end of 2018 and then they sold 20% of the company to get less than 20 million dollars after accounting for fees. So take their word with a mountain of salt. Also,still waiting for the HER2 sale, since September 2017.

[blueyedcatch]

Sorry but it`s not done that way. Unreal how everyone has this so wrong. The milestone payment will be PR`d when Adxs receives the payment,not before,because it`s not done that way. I asked my buddy an hour ago to be sure,and he agreed that the day of the first dosing is`nt when Adxs will receive the check. Like Amgn came running with it this morning. Get real,they`ll pay it and it`ll be Pr`d when it comes into Adxs balance sheet,not before,,not even a hint about what it`ll be because that`s not how a company operates. When it`s in their hands we`ll know what it is. We might not find out until the next 10q,but I`m willing to bet they`ll have other news coming in the meantime that`s good,while we wait. With our cash situation,I`d like to think that they`d tell us as soon as they receive it,and not wait for the next 10q,but who knows. I understand the frustration,but c`mon,how about a little patience with Ken and his new plan,all this negativity about the milestone not being announced today is stupid and disgusting.