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XenaLives

08/19/20 9:19 AM

#266101 RE: vg_future #266098

The PDD trial is using MJFF instruments. They are in on the trial.

MJFF is partnered with Shake it up.

The breadcrumbs are there.

frrol

08/19/20 9:47 AM

#266124 RE: vg_future #266098

SAS does not generate funds that can be used for anything. A company actually loses money on SAS, it is a net cash drain. But a worthwhile one if it helps ex-trial participants and sustains interest in our pipeline. Hence it is a kind of investment.

The contributing funds from this investment will be well used and directly replaces funds that would otherwise have to come from shareholders.

I should add state while the PR called this a "financial investment", we are assuming it to be a grant and not a stock purchase. The latter is not common.