Replies to post #78338 on Ayala Pharmaceuticals Inc (ADXS)

[Bourbon_on_my_cornflakes]

Raja asks if he needs to believe or dismiss what Ken says.

Example: When Ken states that the company has enough money to last till June 2019, does anyone think it is possible, without banking on a guess or two about 'how, what-if', etc.?

This is lawyerspeak.

Yes the company has enough money to last until June 2019 in the sense that it would run out of cash on that date.

No, in the sense that long before that the auditor would spring the going concern issue and employees would be running to new employers.

The skinny. If Ken doesn't close a deal SOON, expect another dilution for 30m shares at 75 cents a share by next January-February at the latest.