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Ann: ATL1103 Update, page-18

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  1. 4,149 Posts.
    lol I don't think so.....2.7m was last 1/4.....with a burn of around 800k per 1/4 that figure would be sub 2 mill now.
    All means they have wasted the bulk of the money from strong bridge , the sp is in the toilet, still no licensing on either front and now it is critical they do a licensing deal which plays into the hand of "any" licensee . So far as the grant goes if its anything like their proposed revenues from the early access program they touted then its simply a pipe dream to keep investors hanging on.
    Tik tok alright .....best thing would be to run the company out of cash so they can't pay the bloated salaries.
 
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