RE:RE:RE:RE:RE:Review of MarathonWhat do Paul and Marathon know ?
1- Amount of liquidity as of yesterday...Over 15 million but under 20 million .... They know the exact amount but we dont know...Is it 18 million and thus making 15 million minimum relatively safe or is it 16 million which is of course riskier
2- June and July revenues if the CFO is able to figure out sales in real time
3- Current cash flow projections for the next 3 months based on budgeted sales and expense reductions
4- Status of discussions if any with possible partners in Nash and Oncology
5-Status of discussions if any for the addition of a new product to be commercialized by THTX sales team
What they DONT know!
1-If Phase 1 will deliver positive results
Conclusion
Execution in sales of products and trajectory and timing of expense reductions are the only life savers in the near term and it would help if the Company was more transparent in the near term and provide updates at least on a monthly basis starting August 31 st