la jolla, page-5

I'd like to go along to the AGM Sam but im a poor little PhD student in melbourne (who is incidently doing a project in drug discovery)! But i'd def like to vote no, they seem to be using money at a rate of about 150k per quarter so if they are able to raise 1mill that i imagine would be enough money (and time) to license one of their drugs to a company and get a milestone payment which would keep them afloat and definately kill the need for la jolla! This is of course hoping that the shareprice doesn't hit 0.1 cents otherwise the share dilution would be horrid. Also those results comparing uptake of the 2 strengths of the oral formulations vs the injectable form need to be good and done on time. This seems to be the ticket for a licesning deal according to what they are saying. Hang tight all!