GREY:CLAZF - Post by User
Comment by
PTBaileyon Sep 17, 2021 9:37am
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Post# 33876681
RE:RE:RE:RE:Analysis on todays NR
RE:RE:RE:RE:Analysis on todays NRDude51 wrote: Sure thing Yukon err.
Since its inception in July 2014, Claritas has accumulated a deficit of approximately $59.2 million as at June 30, 2021. The Company did not generate any revenue from product sales during the three months period ended June 30, 2021. Claritas expects its operating losses to continue in the next fiscal year as it invests in its product development programs.
Go here
https://claritasinvestors.com/, check out Investors trueisms. Spanked Drew
GO THRM GO, FDA, anyday. Watch Rob ceo thrm videos, search youtubel
Since claritas is a R&D company using money rasied by investors and private placements they are are working towards producing something that other pharma companies will aquire licenses and put to market.
A $59.2 million defecit does not mean they have debt, actually I beleive they are debt free. And I would say you are correct they will invest more money in completing phase 1 and 2.
So do we consider that losing money and is the alternative to quit or keep investing to complete these phases?