posted on
Dec 29, 2017 10:15AM
...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!
Message: Re: Finance
Based on the PP of $87 million less the loan retirement and other expenses, and including the ROFR agreement I would guessitmate that the company has somewhere around $10 million left heading into 2018....enough to last 2 to 3 months.
Where will they get the money needed to complete BETonMACE, other trials and to fund operations going forward into 2018? I think the most logical source of funding, (the lion's share of it in any event) is Shenzhen Hepalink, either in the form of licensing deal(s) and/or more placements.
I just hope they start engaging in some activity to promote Apabetalone.....otherwise HL might be getting another massive bargain like they did with the $87 million placement. At the very least I expect them to be professional in their corporate communication so as to present a postive image to the market place.
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