(Total Views: 300)
Posted On: 12/15/2020 12:29:45 PM
Post# of 36509
Haven't seen that. I guess they are counting the upfront payments for contracts as revenue, which they are not since they are funds to use towards expenses. Revenue is generated by sales.
Quote:
NuGenerex Immuno-Oncology Valuation & Funding
Deal Type Date Amount Raised to Date Post-Val Status Stage
7. IPO 14-Sep-2020 $6.8M Announced Generating Revenue
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.