Tada
Of course RVX need cash - currently they do not produce any revenues -
The offer states:
"The net proceeds of the Offering will be used to fund research and development activities, including clinical trial activities related to the Company’s Phase 3 BETonMACE trial, repayment of indebtedness, general and administrative expenses, working capital needs and other general corporate purposes"
If they did not need cash why the offer?
Kelsee was always a gentleman to me and duly reprimanded me once or twice when my comments were out of line. I wish him Godspeed!
Chicagoest