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justdafactss

04/25/20 11:15 AM

#70996 RE: Venture_Cap #70993

40,000 vials on hand? Not what the filing says-

Note 4 – Inventories

The Company’s inventory as of February 29, 2020 and May 31, 2019 was $15,895,589 and $0, respectively. Inventory as of February 29, 2020 consisted solely of specialized raw material purchased for use in the commercial manufacturing of pre-launch inventories of Vyrologix to support the Company’s expected approval of the product as a combination therapy for HIV patients in the United States.

https://www.sec.gov/Archives/edgar/data/1175680/000119312520102675/d859184d10q.htm