Has Biocurex secured enough cash to continue operating
beyond December 2008?
From the latest Form-10-Q:
"As of November 14, 2008 Biocurex has cash on hand
of approximately $90,000. Biocurex is presently spending
approximately $200,000 each month on research and
development, principal and interest payments to the
Note Holders, and general and administrative expenses.
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To maintain its present level of operations, including
research and development, and to avoid defaulting on
payments to the Note Holders, Biocurex will need to raise
approximately $4,000,000 to satisfy its monthly cash
requirements until the notes are fully paid."