With the tax rebate and a burn rate of 10-12 mill for the next quarter, this will still give us around 3 quarters of cash left. So PAR will essentially have 3-6 months to strike a deal for MPS and release results for 008. They are taking a really long time to dose the last patient for 008, which is strange, since this should've been done a long time ago, so i'm not sure what the hold up is.
Coppo are probably right and have greater access to management than we do. Let's just hope that management decides to use their talents and find more creative ways to raise funds, although I'm picking the easier option of a cap raise in August/September. It'll have to be before they open enrollments for the EU.
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