I'll defer to others on the burn rate, as I am not
Post# of 148185
(Total Views: 351)
Posted On: 01/16/2020 2:13:44 PM
Re: Watching_CYDY #15177
I'll defer to others on the burn rate, as I am not certain. I believe someone said $6mm a month. Most of the burn is tied to trials, as one winds down our burn rate will decrease. If we start a new trial it will increase.
We do know that warrants are being excercised which is bringing in cash. We are hoping for another licensing deal if the terms are favorable, but if we do have to raise more cash its not a huge deal, as it is expected.
Additionally, as the share price increases the amount of dilution required decreases.
We do know that warrants are being excercised which is bringing in cash. We are hoping for another licensing deal if the terms are favorable, but if we do have to raise more cash its not a huge deal, as it is expected.
Additionally, as the share price increases the amount of dilution required decreases.
(0)
(0)CytoDyn Inc (CYDY) Stock Research Links
Scroll down for more posts ▼