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Biotech / Medical : Techniclone (TCLN) -- Ignore unavailable to you. Want to Upgrade?


To: shero who wrote (2747)12/2/1998 8:02:00 PM
From: PDavid  Read Replies (2) | Respond to of 3702
 
Shero, Manfred or anyone else.

I have a concern, and I apologize in advance for what may be a question that cannot be readily answered.

The most recent filing confirms everything that we expected, except it does discuss additional money that is necessary to continue trials, etc. Where are we getting this money? Lets assume that we license lym soon. As I understand it, we are probably giving it away, so the up front cash might get us a few more months of cash. Likewise, the sale of the buildings will get us a few months. Where in hell are we getting the cash for all the ramped up trials, which have already commenced? I am so confused. How long can we continue living on the edge?! I am not well versed in licensing, etc., so perhaps I am missing something? Even if Ruby does his job, that might effect share price, but we need incoming bucks. Now, if they are holding TNT licensing for awhile, which is what I hear, then where is the money going to come from? (I know the LOC is available, but won't help if we are below a buck, plus, I hate the idea of dipping into it) Help me here, I got the willies again. Thanks.

Regards,

Phil