GREY:ATBPF - Post by User
Comment by
NotBornLastNiteon Jun 10, 2020 2:26pm
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Post# 31134646
RE:RE:Wake Up Folks
RE:RE:Wake Up FolksVenture Capital Companies. There are winners and losers. As to how we invest in these companies is as individual as each of us. Be assured there will be many more hurdles to over come. Mom and Pop investors are usually left on the back burner and often holding the bag. This offering is critical as it secures operations for the short term.
"The net proceeds of the Offering will be used to fund activities required for large market partnering and in support of the Phase 3 program for ATB-346, for business development activities, and for advancing the other drugs in the Company’s pipeline including ATB-352. The remainder of the net proceeds will be used for working capital and general corporate purposes. "
We not know the allocation of percentages toward the actual Phase 3. I could be used for mgmt compensation?