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frrol

10/09/18 8:39 AM

#244121 RE: mdphd2008 #244068

Was structured sensibly, given our current share price and the timing of our needs. We are good to go on capital for paying the P CRO, just a matter of timing now. The company has to weigh whether to wait for B BTD, partnership. (I.e., when the stock is higher and thus the capital is cheaper.)