One of my other investment took on GS and raised capital twice in a couple of months. Likely to get approval,but they did`nt need 850 million dollars but it does`nt hurt to have that kind of cash power when negotiating. If we had news of a big deal for Axal,which would reduce our burn and solve our existing capital crunch,it would be wise and prudent for adxs to take advantage of the high share price after the news,and raise huge money to be in a massive position of strength to negotiate future deals for HOT,etc.
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