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Affymax, Inc. Message Board

  • stil370 stil370 Mar 19, 2013 3:59 PM Flag

    cash situation

    this is a quote from the AP News wires. Omontys said it had about $67 million in cash at the end of February. It said the job cuts will cost between $8 million and $10 million. The company also says it has around $33 million in outstanding liabilities and $11 million in debt from its current facility.
    THAT LEAVES $5m in assets after all liquidation. Its way over!

 
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