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Bullboard - Stock Discussion Forum Claritas Pharmaceuticals Inc V.CLAS.H

Alternate Symbol(s):  CLAZF

Claritas Pharmaceuticals, Inc., formerly Kalytera Therapeutics Inc, is a biotechnology company that is focused on developing R-107 for the treatment of vaccine-resistant coronavirus disease (COVID) strains. The Company’s products in development include R-107 for coronavirus disease and Viral Infections, R-107 and Vaccines, and CLA-1816 for treatment of pain. R-107 is designed to defeat COVID... see more

TSXV:CLAS.H - Post Discussion

Claritas Pharmaceuticals Inc > Whisky aka Lying Lhama
View:
Post by randomtask on Aug 31, 2021 4:18pm

Whisky aka Lying Lhama

I know you don't know how to read the financials but you might find this quote from page 18 of the MD&A quite interesting...

"The Company will not be able to continue to operate beyond year-end 2021 unless it is able to raise at least $2.2 million to fund its R&D and G&A expenses for a period of twelve months, because there is not currently sufficient working capital to continue to further fund the Company’s operations without raising additional capital in the near term. Management also plans to raise additional capital through equity or debt financing in the near term to finance at least six months of working capital, which amount will also be sufficient to pay off the 2017 Debenture."
Comment by mavericks2020 on Aug 31, 2021 4:30pm
after succes of the one tral WHO can help us whir money
Comment by Raiders11 on Aug 31, 2021 5:50pm
Why are you all of a sudden worried about their financial's,do you own a single share?
Comment by Raiders11 on Aug 31, 2021 5:50pm
Go back to Vn
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