Re: What we know and what we don't...speculation of the highest order
in response to
by
posted on
Oct 03, 2019 02:14AM
One thing I forgot to add, and for me its basically on a par with wanting to know the full details on the trial. That of course is the financial side.
What we know, based on the most recent MD&A, is that Resverlogix does not have the required cash to meet all of its obligations through to the end of this year, unless there's has been some material change in the company's fiancial situtation that we don't know about.
From page 17
I know they got somewhere around $3 million from Eastern for the warrant conversion....but unless my math skills are way off they don't have anywhere near cash needed to meet their obligations over the next 3 months. More stuff to speculate about.