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cowtown jay

01/22/21 2:49 PM

#24598 RE: PITrader87 #24596

Good point! I forgot about the Controlled Public Offering. And also forgot to acknowledge the referenced time frame regarding the 8-K released today, was looking back one quarter.

I had looked at this stuff earlier.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=160684431

And in a response to that:

"Another question is, how much of Q3's $91.4M did we burn through in the 4th quarter?"

According to my notes taken from the HCW presentation this morning, our End-of-Year cash balance was $68M. It should be on slide 33."


https://investorshub.advfn.com/boards/replies.aspx?msg=160684431

So, depending on what our 1st Quarter expenses were, besides the reserve of $58M, we should have $110M (EOY cash - reserve, + Controlled public offering funds) for the remainder of the year.