Email exchange w M. Mulholland prompted by the RD
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Posted On: 09/23/2019 2:32:22 PM
Email exchange w M. Mulholland prompted by the RD offer from CYDY
Question:
Answer:
Question:
Quote:
Dear Michael,
Thank you for extending the offer.
Could you please provide an update on the status of financing announced during the last shareholder meeting that was supposed to close by yesterday?
Sincerely,
Answer:
Quote:
We had a small financing round close on Sept. 19, which was in response to shareholders’ request following the annual meeting.
We did not announce a financing at the annual meeting; Dr. Pourhassan described the primary components of a non-binding letter of intent that we had recently signed and we continue to negotiate all details.
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