I am fully expecting a PR every day this week, or
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Quote:
I am fully expecting a PR every day this week, or else I don't think they would have released two this morning. They would have held one back (likely the $15m) for tomorrow.
I don't disagree, but I can't help but wonder if releasing the $15M funding PR on the last day of the quarter (March 31, 2020) is a bit of 'window dressing' that allows that item to appear on the Q1-10Q. It will certainly look better than the number that would have otherwise appeared under Cash and Cash Equivalents.
IMPORTANT:
On a completely unrelated note:
If anyone (and I mean anyone) has any contacts whatsoever with anyone at Perceptive Advisors or Baker Brothers Investments-- please ping them with information about our company.
Those two incredibly successful, 100% healthcare/biotech-focused, hedge funds are the defacto taste-makers that every other hedge fund manager (and savvy investor) looks at on a quarterly basis in order to fill their biotech portfolio sleeve. Trust me, I know.
If we could get anyone's attention there -- the floodgates would open in a manner that would cause your jaw to drop to the floor, threatening you from drowning in your own drool.