koo - Thank you. My understanding is that the actual cash burn rate is somewhat less than the 2 or 3 mil that they state in the financials. Once they account for the prepaids then the BR goes up to the 2 to 3 mil. I do also understand that the financial trickery can only go on so long before it catches up to you. Having to make an annual interest payment in August of 3 million-ish does shorten their runway a little.

Now would be a good time to start seeing the next chapter of this saga begin to unfold. I think they have already or will presenting at the ADA in short order. I would like to hear from anyone who was at either or both of the Madrid or ADA conferences on how the information was received by the crowd.

The trouble with any company in a blinded study is that the information is blinded. The company only gets to spend money and tell the shareholders that it's dark outside. No matter what spin you put on it its not very exciting. Having additional trials under way will ease the information vacuum but increase the burn. Rereading the paragraph above would fit in here about now.

Have a great day.

tada