So you are saying when they said that the company was funded tothe interim AD readout, they didn't know that therwould also be a new trial for depression (asopposed to cognitive enhancement indepression).So you are saying that they were only considerin!success in the recent trial for cognition and nevehad any plans to further investigate depression ithey were positive or were willing to come back tdepression after the interim results on ADreadout? But now the depression results are sofantastic they have to progress depressionimmediately and no longer wait till the interim ALresults that were due in less than 9mths. Seemsto me they are using the refreshed capitalallowance we gave them to do a CR now as theyunderestimated the cash requirements as theywere banking on 10s of millions from optionsbeing exercised that were well in the money butare no longer such and will never be if they keepstuffing up strategies and future cashrequirements. They are just adding furtherdilution! The plan was to have an industry partner for continuing the depression strategy. If that isnot available then wait till the original strategy ieinterim AD results readout. I say "more smokeand mirrors” again!
ACW Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
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