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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Stewart V. Nelson who wrote (2125)2/25/1999 10:06:00 PM
From: Joe  Respond to of 4140
 
Stewart, I am not sure there is any point in responding to you. But for what it is worth, Sunrise has already received the proceeds from the sale of the stock being registered. The last two placements being registered generated $11.8M and $10M in cash that went into the coffers at SNRS. The funding for completion of clinical trials, FDA submission of the PMA and readying their new LTK system for production upon FDA approval costs money and it must come from somewhere.

Joe