It's a mystery to me! | ATHX Message Board Posts


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Msg  2231 of 2235  at  1/25/2023 7:26:28 PM  by

tonoos


 In response to msg 2230 by  tonoos
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Re: It's a mystery to me!

 12,933,000 shares outstanding
Needs $35M market cap by 4-12-23 to be in compliance with nasdaq requirements.
Current assets 9-30-22 $20M, Current liabilities $38M,
needs to raise capital.
 
Needs a partner Stat, brutal to sell shares to raise capital now.
Also needs a friendly FDA to establish final protocols for masters2.
I believe it will get approved but it is going to be very difficult without a partner, and soon, before April 12.


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