"The Company is well advanced in its planning for the next trial of ATL1103 and expects to be in a position to commence the trial by or prior to mid 2012 with interim results potentially available in early to mid 2013."
Whilst i love all the speculation the fact is the paragraph above from the 9/2/2012 announcement.
With regards to funding speculation could go from CR to LajollaCove type funding , to pharma company partnership to closing up shop altogether.
Nooone knows so all this hype and speculation is pie in the sky.
What we do know is this:
Fact 1): ATL1103 expects to be in a position to commence the trial by or prior to mid 2012 with interim results potentially available in early to mid 2013.(And thats only phase2 trial.Phase 3 will proceed after Phase3.
Fact2) noone has any idea with funding and ANP are in need of capital to even get phase2 started.
IMO its either a CR plus consolidation of capital of a convertable note similar to other bios re LaJollaCove type situation.
Cheers
Rob
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