Petar Ilievski

The Galentin Therapeutics Inc. (OTC:GALT) Announcement

by Petar Ilievski October 13, 2011

  • $7.9 million in cash;
  • $8.1 million in total assets;
  • $789k in total liabilities;
  • $63 million in accumulated deficit;
  • $3.1 million in net loss;

The above figures are included in the 10-Q for the second quarter of 2011. Not exactly optimistic, not too bad, either. Given that there is one more day with news at hand, the hype on the stock market is likely to continue. Whether GALT could return to its price levels from April is a question yet to find its answer.

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