GREY:COTQF - Post by User
Comment by
DIYGuyon Dec 15, 2017 7:34am
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Post# 27162634
RE:Even if we get positive result we will need a lot of $$$$
RE:Even if we get positive result we will need a lot of $$$$I don’t see any issue with raising capital if you are getting positive results and they are progressing through the clinical trials. The problem is waiting too long and looking for money when you are running out. Then you are at their mercy.
If we get positive results and the combination trial starts who knows maybe we move back above $2 and then we get 2MM from the exercise of the special warrants.
Looking way ahead I would expect a partnership with big pharma for phase 3 of a clinical trial, but at this point that may be wishful thinking.
Hoping for good news next week before the annual meeting. The real excitement for me will be the COTI-2 + radiation combination trial. If you look at the preclinical results in 4/7th of the cases the results were outstanding. 65,0000 people in the US diagnosed with HNSCC each year and about 50% have p53 mutation.
my 2 cents