if last year is an indication of when upcoming dilution will occur, then it will happen by the middle of September. They have an upcoming conference Sept-8-10. It will be interesting to see if it happens before or after that conference. Don't forget that there is another conference they are attending towards the end of September.
Twiz they diluted in December '12. What makes you think they will do this so soon? I'm agree with you that there is a real possiblility of an offering, but there are also some milestone announcements coming through the rest of the year. I even emailed Amy about there cash position and potential dilution dates. Ha, I have not received a reply yet.
Hi sxsess....because of the two $1m payments due to INO....one paid this past May and one due in December. Think about it....their cash balance at 4/30/13 was $7.3m and their current burn rate is about $530k per month. If you subtract the $2m to INO from the $7.3m you are left with $5.3m, which is about 10 months of cash. 10 months from 4/30/13 is 2/28/14, which is when they would need more cash. They usually like to dilute about 6 months before they run out of cash, which would mean they could dilute anytime between now and the end of September. Trust me, I would love to have them do it after the upcoming catalysts, but with these cash flow numbers, I am not so sure they will wait. What do you think?
Awh, common mr. stutterer (ttt...) what else do we have to banter about while we wait for the new to roll in, eh? Butman and his fellow bashers ain't worth the stoke of a key, and it's better than discussing why the PPS is going down.
Sentiment: Strong Buy
Come on, ttt. Twiz is a solid and reliable poster, with a lot of helpful knowledge to share with all of us. I agree there's been a lot of dilution talk, but there should be. People like Twiz are at least objective about it.