They will not raise cash until after the data, when the stock has tripled.
This a direct quote from August 14 Earnings Call :
"we have no plans for issuing new equity prior the data"
Gregory L. Weaver - Chief Financial Officer and Senior Vice President
Sentiment: Strong Buy
Shorts just trying to scare people. Not happening. I'm in for the data no matter what and not using a stop loss on this manipulated stock. GLTA I think we will have a big gap up within months. Stay long and strong !
Thanks for that info. That was my biggest concern.
*Shorts are trying to say there will be a raise, but I'd be VERY surprised if that happened.
Anything is possible but I think CLSN is heading towards $10 and $15 w/data.
*Celsion management could raise double the cash after the data.
*They would be stupid to pull the trigger now.
What about getting your aliases strait. Oh wait, that would require a little concentration. My bad.
Plenty of cash on hand to get there. Plus a loan facility already there of 50 million.