'replicel news release'

[Thinning87]

That's why I added "They'll probably do the same again in the (near) future". But do keep in mind phase II is generally way cheaper than phase III.

if it's just 20-30 subjects the amount raised should about do it shouldn't it?

[Arashi]

More number of test subjects is the main reason I think, Phase 2 is usually a few dozen subjects, phase 3 a few hundred

Exactly.

[Arashi]

if it's just 20-30 subjects the amount raised should about do it shouldn't it?

Maybe. But they were totally out of cash to begin with (http://finance.yahoo.com/q/ks?s=REPCF+Key+Statistics ) and have a huge cash burn rate, so I'm assuming they're going to try another placement this year.

[Thinning87]

I kind of want to buy 5-10K worth of stock to gamble on this

[yagazooci]

I think Replicel are poised to do very well in this race. Looks as though they have sold a licence to someone to use their technology. At least that is what the graphics seem to show on their Product Pipeline for the hair technology, on the Replicel site. If that is the case then they will not have generated revenue?? Something up there by the look of it.

http://www.replicel.com/wp-content/u...CH-01-hair.png

We'll see.