No they are fully funded
It’s a broker roadshow
It won’t be a cr unless institutional which would be a good thing
The more cash you have the better bargaining position you are in
VLA did 80 million private to LEPU (maybe 40 actually so they had 80 in total) is before they were taken over later maybe by 3-4 months they had $40 mill already I think it was
Not saying this is for take over just that’s how it rolled with VLA so they were funded into clinical development
Ann: Investor Presentation, page-20
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