RE: RE: RE: RE: RE: Patentseasymoney321......
You seem to know a lot about "insider" activity, always call me a "basher" and you never seem to add relevant commentary...who do you work for anyways?
The $1.2M in cash will be gone by the end of this year, if not sooner, given the corporate cash-burn rate of $1M per quarter. AND AGAIN...this $1M burn rate does not include finding studies. I covered this last week and nobody responded at that time.
Warrants in October =2 more months of cash, MAX....and this comes at the expense of further dillution, since those shares aren't really outstanding until they are exercised. Plus, what is the actual exercise price on those warrants? I do not know, but it would have to be very close to the price today, in order for anyone to exercise them. Otherwise they will just expire.