Replies to post #24310 on Cel Sci Corporation (CVM)

[tarius729]

this is awesome. one of the biggest things I've been worried about is the need to raise cash before the study is complete.

I couldn't imagine warrants were not being exercised when some people were claiming that was the case

[Spideyboy]

Cash Burn is still over 5 million, and higher than last quarter but should stay stable but good that more warrants were exercised.

So End of June, had 9.5Million + July/August 2.5 million from warrants = 12 million.

Minus the 1.7 for July, and 0.9 for now = 9.4Million on hand now, so 5 more months of burn (to early Feb 2020) without new warrants. But maybe to November/December for a raise if no new warrants. Definitely not to April/May 2020. Though the company does state they expect to be able to get more warrants exercised as key source of income.

In any case, even at their continued burn of 5+million per quarter, this should hopefully get us to end of trial and Topline readout.