Good job LG and LP !
May be great science but mgmt not looking out for retail longs.
Uplisting in process, investor conferences coming and many, many warrants exercised. Cash looks great and burn rate including trilals only 300-500k per month. No need for Cash. Imo $10+
1. 4x Greater results than current Standard of Care and patients requesting this treatment.
2. Plenty of Cash between $8-$20 million as warrants are being exercised adding to the 8m on cash.
3. Overhang of warrants is over with over 105 million shares traded in 11 days.
4. Uplisting is soon.
5. Company UPDATE and earnings on the 14th or 17th his month
6. Multi Billion dollar pipeline in all CNS disorders
March cash was 6 million, July 15th balance sheet was 8 million cash due to warrants exercised, And burn rate is 300k-500k per month. I believe tons of warrants have been exercised since July 15th filing, up to $20 million. The burn rate includes trial tests, so AVXL has plenty of cash, as CEO said for at least 2 years. $10+ imo.