Replies to post #33183 on Relief Therapeutics Holding AG (RLFTF)

[Vanilla Fitbit]

CHUNKYFLIP...

MAYBE GOVT DID HELP... BUT

Remember also that they told us TWICE that they were fully funded...

They first time they told us they said that they had cash reserves of (approx) $48,000,000, and funded through 2022...

Then they diluted through GEM a second time and advised they NOW were fully funded with an approx cash balance of about $48,000,000...

So where did the other (first $48,000,000) go???

MAYBE TO FUND THE NEW SITES??

Could be... I wouldn’t automatically jump to Fed funding..

Either way, the extra sites are obviously great!

Me personally, I think we (shareholders) funded it through dilution (GEM)