Have I correctly interpreted today's company state
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Posted On: 06/21/2024 12:02:14 AM
Re: enemyofpluto #144585
Quote:
Have I correctly interpreted today's company statement to say that we are having a seriiusly difficult time selling warrants and are in serious danger of downsizing or eliminating clinical trial plans going forward which may put the company's future in jeopardy?
The structure of the original warrant exercise plan was not entirely enticing. Exercising for 30% below current share price and additional warrants is much better than just 30% below. It was stated in the amended plan that the money would be used for the CRC trial and other expenses.
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