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BonelessCat

09/24/13 9:08 PM

#42471 RE: Truthbythought #42468

There won't be a need for a capital raise in 2015. Based on ist half 2014 Phase 2b results, they will already have an eight figure upfront payment for the B license or partnership. I thought Leo made that abundantly clear.
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I Need Help

09/24/13 9:11 PM

#42472 RE: Truthbythought #42468

Good points.

Truth, Leo and the board must be considering financing options. I trust they will do the best they can.

Dilution, when it comes, will not be a black swan event. Leo made his feelings and intentions clear in the latest Karin interview. His comments were reassuring to me.

So, when it happens, some will cry foul. Some will view it as a black swan event. Truth is, it's a well publicized white swan, and they are wearing dark glasses at night.

Leo has been able to accomplish much for little, but there are very few free lunches. Although, Leo has been able to get many to pick up our checks.