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Advanced Cell Technology Inc. Message Board

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  • lastbullstanding lastbullstanding May 14, 2012 2:58 PM Flag

    I thought this was interesting......

    They want this from a partner or whatever...for a for-profit partner...good luck wit daht

    "in the amount of at least $15 Million AND (b) at least one year of balance
    sheet cash (as demonstrated by its most recent financial statements and
    pro-forma for any concurrent investment) based on the last twelve months
    (LTM) operating cash burn rate"

    so we are talkin bout 35 mil investment from a source other than CIRM,seeing how our operating burn was roughly 21 million in 2011

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