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Innovation Pharmaceuticals IPIX
Posted On: 09/22/2013 8:47:03 PM
Post# of 72446
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Posted By: bunny
Re: Nechung #11101
Nechung, Yes. And when those thoughts are from the sharpest crayon in the box, they can lead one where they 'thought'.

>>   TWST: What kind of burn rate are you set up for at this point?

Mr. Landekic: Right now our burn rate is next to nothing. We'll manage our burn rate to make sure that we always have about two years worth of cash. The last thing any company should want to do is run out of money before achieving its milestones<<

Source - Read More: http://investorshangout.com/post/988557/There...z2ffgtL0iY


BTW, what is our Burn Rate now?, not that we need to worry because we all know how smart Leo is with financing.- (Gulp).


-Bunny-














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