Replies to post #11886 on Genta, Inc (fka GNTAQ)

[stocktrad]

cdn where does it say they have 23million cash? I did not see an sec filing that stated that

[prsch3259]

At December 31, 2008, we had cash, cash equivalents and marketable securities totaling $4.9 million, compared with $7.8 million at December 31, 2007, reflecting the net proceeds from the placement of $20 million of notes on June 9, 2008 offset by funds used in operating our company.
During 2008, cash used in operating activities was $25.7 million compared with $31.7 million in 2007, reflecting our efforts to lower our spending.