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Catalyst Pharmaceutical Partners Inc. Message Board

trd4profit 1 post  |  Last Activity: Mar 16, 2015 10:26 PM Member since: Dec 6, 2004
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    Enough Cash 'til 2017

    by mikeedgar Mar 16, 2015 9:31 PM
    trd4profit trd4profit Mar 16, 2015 10:26 PM Flag

    If you use the numbers provided they may actually be implying cash flow positive in 2017. They had 15.6 million at 12/31/14 plus the recent raise of 9.3 million equals 24.9 million. They used 13.6 million to fund operations for 2014. Assuming the same burn rate for 2015 and 2016 that would equal 27.2 million..hmmm

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