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Allon Therapeutics Inc NPCUF

Allon Therapeutics, Inc. is a Canada-based Company, which develops treatments for neurodegenerative diseases. The Company is engaged in pre-clinical and clinical development of proprietary neuroprotective compounds which may be applied for the potential treatment of Alzheimer's Disease, Parkinson's Disease, senile dementia, glaucoma, traumatic head injury, neuronal damage due to stroke and other conditions involving neurodegeneration. The Company's drug, davunetide, is proceeding in a pivotal Phase 2/3 clinical trial in an orphan indication, progressive supranuclear palsy (PSP), under a Special Protocol Assessment (SPA) with the Food and Drug Administration (FDA).


GREY:NPCUF - Post by User

Bullboard Posts
Comment by your_solution1on Dec 14, 2012 7:25pm
188 Views
Post# 20733494

RE: : Allon Raising $50 Million

RE: : Allon Raising $50 Million

aweigh:  to raise $ 50 Million it is a lot for Allon; NPC market cap is $ 67 Mill right now,

following is the picture if they could sell 100 mill. new shares @ $ 0.50................

 $ 67 Mill  (140 Mill shares) 

 $   8 Mill  ( 20 Mill. warrants @ $ 0.40)

 $  50 Mill (100 Mill. shares @ $.0.50); it would be much better to sell only 25 Mill. shares @ $ 2.00

  -----------------------------------------------

$ 125 Mill  (260 Mill. shares)

this are only numbers, let's hope for the best! I think the NPC management is smart enough for good decisions.

Bullboard Posts