free fall, page-3

10 reasons why?

1. Burn rate just under 1 million a month
2. 10 million in the bank (so 10 months left)
3. acl has no drug to reach market as yet
4 heparin is already on market why a synthetic heparin get 50% of market share - no way. Doctors do not prescribe different drugs if the original drug works
5. Financial crisis nobody (big pharma) will be doing deals for the next year.
6. If they out liscence to obtain royalties they take years to come in (because market share has to be gained)
7. Have been in the game for 10 years now no positive cash flow except for 2 cash rainings since floating
8. Because two capital raisings will not get a third
9. there best agreementis with Reddy pharma - big deal Its an Indian company not like a Glaxo Merck Novo etc.
10. They suck