Post by
deanthebean on May 25, 2020 7:32am
Letter from Robert Farrell. Summary:
- they are going in heavy with the covid-19 treatment
- actively pursuing a sale of the GVHD
- kal-1816 pain relief; they are advancing the program through phase 1 and 2
- announced private placement expected closing date
so in summary we are currently a covid play it seems. Let's hope there is real substance to it and it's not just being pushed to the forefront in order to give excitement to the private placement!
Comment by
Theknocker91 on May 25, 2020 7:40am
The only thing about this news release which will apply downward pressure to the stock is the private placement at 0.015
Comment by
TheKneeH on May 25, 2020 8:11am
The NR also reminds us that Kly is in default towards Talent. They're essentially telling us to vote 'yes' for the deal or they lose the GvHD program.
Comment by
MiSdyngNASTY on May 25, 2020 8:13am
This 5 million private placement that they aren't going to get is an attempt to pay the debt owing to Talent. What a scam.