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Biotech / Medical : Paracelsian Inc (PRLN)
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To: Judy Muldawer who wrote (2771)5/14/1997 7:27:00 PM
From: richard davis   of 4342
 
Judy:

Thanks for calling, my response:

Lies, lies, lies. Paracelsian is feeding them lies.

Didn't they tell you once before product would be shipped by May? Also, I have said this 20 times: I don't believe any numbers from anyone:

SHOW ME THE BALANCE SHEET APPROVED BY THE AUDITORS AS OF MARCH 31, 1997. At that point, I would be willing to believe in the numbers and try and do a stright-line cash projection using assumptions for spending.

Also, if the cash runs out on 12/31/97, then i sure hope AndroVir brings in enough money to sustain them. i thinks its going to be tough offerring more stock.

Rick D
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