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Non-Tech : Enamelon (ENML) - Does anyone follow this? -- Ignore unavailable to you. Want to Upgrade?


To: chester lee who wrote (732)10/24/1998 3:24:00 PM
From: Q.  Read Replies (1) | Respond to of 863
 
Chester, re. ENML's cash, what they said in the last 10Q was
<<The Company currently estimates that cash
and cash equivalents on hand, will be sufficient to finance its operating
losses, working capital and other requirements through the middle of 1999.
Thereafter, or sooner if conditions necessitate, the Company may need to raise
additional funds through public or private financings.>>

It will be interesting to see if they still say this in the Q they must file in mid November. If they do, then they should plan on selling some kind of equity well before running out of cash in mid 99.