Ann: Completion of enrolment in Ph II smoking cessation trial, page-3

  1. 72 Posts.
    Yes. But my only fear is still that huge line of credit that gives the funding party a lot of options to keep diluting the living hell out of the current shareholders. We only have enough cash for this quarter. We will likely be dipping into that line of credit at rock bottom pricing (2 million bucks at 5 cents a share. Do the math). Anyone willing to partner with us also know we're between a rock and a hard place and I doubt we will get a check for 10 million dollars of non-dilutive funding at this point, as much as I'd like to dream we will.

    It's all great news but with the current (disappointing) capitalization of the company, I wonder if it will have any effect on the share price. Sorry to be a pessimist but I'm a shareholder too.
 
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