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Biotech / Medical : Paracelsian Inc (PRLN)
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To: John H. Farro who wrote (1731)2/14/1997 7:36:00 PM
From: Richard Mazzarella   of 4342
 
Robin, warrant conversion can provide the resources for the burn rate. They only have to convert 1MM shares/year (not much dilution) to provide that money ($3.5+MM). Remember what I calculated was only the base and could grow much higher. Then the new products hit the market and then $100/share! Don't you like my math? I even use caps and punctuation.
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