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Biotech / Medical : biotech insider buys
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To: tom pope who wrote (132)11/17/2005 3:12:55 PM
From: ejgopher  Read Replies (2) of 213
 
TTP has Cash & Equiv $18.825M as of 2005-09-30
Operating expenses $6.54M /qtr(incl.R&D $5M + G&A $1.54M)
At this rate, they'll be out of cash by May/June 2006.
If your choice is between bankruptcy or dilution (to buy time), assuming no other financing options are available, what will you do?
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