i think you should reread the press release. operating cash burn and capital expense on PCT expansion are distinct items. (capital expense and operating expense are always distinct). the fact that the company described their cash burn in this unorthodox way is intentionally confusing and should be a red flag for any investor.
unfortunately, it is not that simple and these are not independent companies. if CLBS fails to make due on their debt convenants or runs out of cash, PCT is an asset that is up for grabs by creditors. CLBS controls all the cash so when it runs out of money, PCT will cease operating. and when CLBS is forced to dilute to raise cash, PCT will be diluted as well.
CLBS has about 8 months of cash left. there is a major problem coming and existing CLBS share holders are going to be hyper diluted or wiped out.
hitachi could invest more but they would be smart to let the stock grind lower to get a better price. CLBS has no credibility with large institutional investors so a private company investment is the only prayer. and this would likely come at a painful discount.
the allendale figure of 6m has to be added on top of the operating cash burn figure. the full year cash burn (operating and capital burn) will be at least 31-34M
cash burn is higher than the numbers you stated. 25-28M is OPERATING cash burn. capital expenditures will add another 6-8M. they will barely get out of 2016 with any money left.
conjecture. neither the CDC nor local authorities are willing to stake this claim and no blood samples were collected during the pregnancies.
please try to be more informed, sir. there is not a single case of zika-related microcephaly outside of brazil or from a person traveling out of brazil. columbia has zika infections but none of resulted in microcephaly.
BOGOTÁ, Colombia — More than 2,100 pregnant Colombian women are infected with the mosquito-borne Zika virus, the country’s national health institute said on Saturday, as the disease continued its spread across the Americas.
The virus has been linked to the devastating birth defect microcephaly, which prevents the brain of a fetus from developing properly. There is no vaccine.
There are 20,297 confirmed cases of the virus in Colombia, the national health institute said in a epidemiology bulletin, and among them are 2,116 pregnant women.
There are so far no reported cases of microcephaly or deaths from the virus in Colombia.
simply agreeing with intrexon does not make you a science expert. makes you a sheep. what expertise in science do you have? have you analyzed the intrexon mosquitoe's genome?
unless you know the dna sequence (and implications thereof) of intrexon's OX513A mosquito, then i'm afraid you are the luddite and a sheep who will believe whatever a company and government tells you.
they released their frankenstein mosquitoes into brazil last April. now by pure coincidence, there is an explosion of microcephaly just in Brazil. nowhere else. doesn't add up.