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ddls

02/03/12 6:15 PM

#39948 RE: risknreward1 #39947

Let say for conservative sake.

They have 500 million shares at their disposal to dump
a little at a time on the market.
That adds up to $75 million dollars @ .15 per share.

Even if they have only 300 million shares, that's $45 million
dollars for them to run on.

At some point one has to ask, why are they totally relaying on
share holders to support them, when there should be good private
equity available given the science and potential?

Or, a good JV?

If they have not acquired a JV or private equity group, then
they will dilute more shares if they run out of their existing
monies.

Now, I'm kinda wondering why a company like Dendreon existed on
the Nasdaq for so long, burning tons of cash?
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atomictaco

02/03/12 6:36 PM

#39950 RE: risknreward1 #39947

Uh...
"...run out of cash soon"

What is "soon" to you? A week, month, or year?

Are you talking about a 1 to 3 million a month burn rate or faster?

Really?

Relax, they have plenty of cash for the trials. The trials will determine if they go to the moon or crater, not cash on hand.