Replies to post #29334 on Cel Sci Corporation (CVM)

[sab63090]

@spideyboy

I certainly respect your input and agree that having an ATM at the ready would have afforded an opportunity for $CVM to access cash on periods of a strong price trend which we enjoyed.

Some of the out of the blue crashes in the stock however are another issue and there needs to be a plan to deal with such things during the trading day and not right before the close...I think this repetitive letter came out at 3:44pm....but I do agree that ALL responsibility belongs to the shareholder....so I would not blame him for my actions. No insider sold, rather they bought with Form 4s issued promptly.

As far as warrant options are concerned, I think they are somehow restricted from selling based on the recent filing updates, I'm not sure whether they can opt out, since these are non-public warrants. There might be some stipulation that exercise and sale of stock must occur at the same time for all of those in the registration. I do not feel comfortable in commenting on that, since I don't know. Some of those warrants are WAY BELOW the current price of the stock right now and nothing happened when the price was much higher, so I am in the dark about that.

[Spideyboy]

Dilution bang on schedule.

As I stated in a couple posts and most recently on 24th Feb they would need another raise by the end of this month, and that converting of warrants under current conditions was unlikely.

This makes the 2nd raise I predicted correctly after people said before they had the funds to get them to April.

This said at a price of 12.22 it's not too bad a raise. Hopefully this one gets us to Phase III results. Again it's enough for just over 1 additional quarter.