CMTR-CHEMTRAK FDA OK Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : CMTR-CHEMTRAK FDA OK

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Art Baer who wrote (646)	4/16/1997 11:06:00 PM
From: warren kaplan	of 1172

Art...you are a great cheerleader for Chemtrak and i hope you are right but consider this.. cash and cash equivalents at 3/31/96 was 4.6MM compared to 3/31/97 at 4.0MM..a drop of 600K not quite...they received cash from nonrecurring sources in excess of 7 million which they burned during during the past 12 months ( average of 550K+ monthly) these nonrecurring sources were proceeds from conv. debentures (4.7MM) milestone payments (900K) sale of stock and investments (2MM)............also can you explain why their product sales dropped from 7 million in 1994 to 2 million in 1995

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next