GREY:ATBPF - Post by User
Comment by
RalphRalphon Jun 30, 2020 6:50pm
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Post# 31210466
RE:RE:RE:RE:RE:RE:McWhirter Link
RE:RE:RE:RE:RE:RE:McWhirter LinkMy guess would be that Antibe's strategy regarding the recent raise was to have enough cash to be able to fund expenses related to initiating Phase 3 - although it obviously is not enough to finish it. It would not be prudent to delay the start of Phase 3 until a major market partnership has been reached, if the company expects that negotiation to take a prolonged period. Cash in the bank gives negotiating leverage. PhillUpBanks wrote: Ralph I do not believe the latest Deal for 28 million(or whatever the exact amount) was intended for phase 3. The company has stated this a few times. I believe they have another direction in mind or they could have raised enough to go through phase 3 alone.. but i am just making assumptions like everyone else. None of us "stock house experts" really know I guess we just have to make our own educated knowledge with the information and data we are given.