RE:RE:RE:RE:RE:OUT OF MONEYHi ALDO
Just look at the daly chart and you will see at 3h55 160 000 shares were traded. Probably a coordinated sell-buy Do your own conclusion ,I did mine and ARMISTICE filing will give answer.
The financial situation is clear. You just have to read MD&A filed on SEDAR and EDGAR (SEC). Do the math like I did and your conclusion will be close to mine. They gona be out of moneyt before May 15. Close to tha date they will have to disclose financialk statement for Q1 2021 ending March31. With a burn rate close to $9m a month it's easy to evaluate in real time the situation.
Will they disclose a clear picture nof their financial situation ? Not so sure, they didn't clearly disclose the lawsuit against them.
I don't want to fear nobody. I just gave you cold facts and the raisonable conclusion that comes witrh.
Hope is not a fault, but remember that FDA's decision are never know in advance.
It's not our average 40 readers who influence the market !