Anyone have any insite on this latest round of fun
Post# of 154836
(Total Views: 629)
Posted On: 08/31/2019 1:29:26 PM
Anyone have any insite on this latest round of funding? There are a couple ways to look at it. First off the official ruling looks like 2 million is the payload after fees and paying Paulson their 9%.
Some thoughts I had because the low amount seems curious...like not even a months worth of capital burn.
1. Either interest is waning and 2 million is all they could get.
2. Some debt is due
3. Funds to pay the lawyer fees for the Pestell case(or negotiate a settlement)
4. Gets them enough to pay all the fees necessary for filing the final pieces of the BLA.
5. They are indeed close to signing a deal, but the upfront won't come until after BLA?
There maybe more scenarios, just some I thought of.
Its such a small amount of proceeds(relatively speaking...I would totally take 2 million dollars), I find it very curious that it doesn't even appear to be a months worth of burn rate.
Maybe I'm just reading too much into it. I'm wondering about number 5 because we did hear from ISW?? and his conversation with Marek that the emails were flying back and forth now(since Marek gets to see the emails) and NuGilead came with rumbles he/she heard about possible face to face. Sometimes where there's smoke there's fire. (We heard rumblings of Goldman Sachs and that turned out to be true)...I'm not a detective, but I did read Hardy Boys books as a kid.
Just some labor day weekend thoughts. Hope everyone enjoys their extra long weekend before we get back on the CYDY roller coaster for more fun.
Some thoughts I had because the low amount seems curious...like not even a months worth of capital burn.
1. Either interest is waning and 2 million is all they could get.
2. Some debt is due
3. Funds to pay the lawyer fees for the Pestell case(or negotiate a settlement)
4. Gets them enough to pay all the fees necessary for filing the final pieces of the BLA.
5. They are indeed close to signing a deal, but the upfront won't come until after BLA?
There maybe more scenarios, just some I thought of.
Its such a small amount of proceeds(relatively speaking...I would totally take 2 million dollars), I find it very curious that it doesn't even appear to be a months worth of burn rate.
Maybe I'm just reading too much into it. I'm wondering about number 5 because we did hear from ISW?? and his conversation with Marek that the emails were flying back and forth now(since Marek gets to see the emails) and NuGilead came with rumbles he/she heard about possible face to face. Sometimes where there's smoke there's fire. (We heard rumblings of Goldman Sachs and that turned out to be true)...I'm not a detective, but I did read Hardy Boys books as a kid.
Just some labor day weekend thoughts. Hope everyone enjoys their extra long weekend before we get back on the CYDY roller coaster for more fun.
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