Posted On: 05/09/2016 9:14:59 PM
Post# of 72447
Am I missing something? I just read through the 10k on $CTIX and what I saw was pretty much positive across the board.
Financials- Have over $5M in cash plus $25M with Aspire deal = $30M available. Projecting $22M total expenses over the next 12 months to move everything forward. So the company has about 16+ months of funding available. They also have another $45M of untapped shelf registration remaining.
Science- Drano, Sox and others have commented and are more versed in the trial details but I am generally impressed with the amount of activity this small company has going. The science continues to advance and I personally believe that long term stock holders will be richly rewarded.
I checked out the other board to see if I completely missed any major issue and there is just more of the same miss-information that is consistently spewed over there.
I really don't care about the day to day PPS but I wouldn't be surprised if we rebound nicely this week and are poised with several possible PRs that could really ignite us upward. Should be a fun summer.
Financials- Have over $5M in cash plus $25M with Aspire deal = $30M available. Projecting $22M total expenses over the next 12 months to move everything forward. So the company has about 16+ months of funding available. They also have another $45M of untapped shelf registration remaining.
Science- Drano, Sox and others have commented and are more versed in the trial details but I am generally impressed with the amount of activity this small company has going. The science continues to advance and I personally believe that long term stock holders will be richly rewarded.
I checked out the other board to see if I completely missed any major issue and there is just more of the same miss-information that is consistently spewed over there.
I really don't care about the day to day PPS but I wouldn't be surprised if we rebound nicely this week and are poised with several possible PRs that could really ignite us upward. Should be a fun summer.
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