Replies to post #19026 on Cel Sci Corporation (CVM)

[sushifishman]

Ergomed

Ergomed gets shares instead of cash. But know a few things:

-They are limited to a small % of shares they can sell each day, based on volume
-They CAN NOT profit from the sale of shares. REPEAT. They can not profit. Thus, if they were owed $500K from cel sci, they will sell enough shares to get to the $500K. Any unused shares are "returned/not used".
-No way to tell now if any shares remain unsold right now. 10Q in May may shed some light
-Ergomed receiving shares instead of cash is ONLY for the benefit of Cel to save cash
-There is no benefit for Ergomed to hold shares. POOR CASH FLOW if they do...therefor I believe they have sold all....but cant confirm