Neurobiological Tech (NTII) Message Board

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Biotech / Medical : Neurobiological Tech (NTII)

NTII 0.0001000

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Mar 7 3:00 PM EST

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To: Dr. John M. de Castro who wrote (1124)	1/16/2003 10:49:53 PM
From: JMarcus	Read Replies (1) of 1494

Can you shed any light on the following apparent inconsistency. Yahoo's Profile for NTII indicates available cash at only $0.08/share. With 17.8M shares outstanding, I calculate that as a mere $1.424M. But in its 10Q report issued on 11/13/02, NTII stated: <<We had available cash and cash equivalents and investments of approximately $7.5 million as of September 30, 2002, compared to approximately $7.3 million at June 30, 2002. We believe that our capital resources will be adequate to fund our operations through at least the next twelve months.>> biz.yahoo.com Unless NTII is being misleading in its use of the words "and investments," its cash position looks considerably better than the Yahoo Profile indicates. Do you agree? Marc

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