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TGR Group LLC
has been paid a fee of $25,000 and 150,000 shares of newly issued restricted
stock by Cel-Sci for coverage of the Company. Additionally, back in November
of 2002, TGR Group LLC was paid a fee of $25,000 and 250,000 shares of
newly issued restricted stock of Cel-Sci for coverage of the company until
November of 2003. The aforementioned 250,000 restricted shares became free
trading under SEC rule 144 and were sold in the open market prior to the
company entering into a new contract agreement with TGR Group in February
of 2006.
TGR Group LLC
has been paid a fee of $60,000 by NeWave for coverage of the company. In
addition, one of the principles of TGR Group LLC is also a principle of
MarketByte LLC. In a separate contractual relationship in 2004, MarketByte
LLC was paid a fee of $25,000 in cash and 750,000 newly issued, restricted
shares by NeWave for coverage of the company. The aforementioned shares
are all currently eligible to be free trading. The term of MarketByte's
obligation to NeWave has expired.
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CEL-SCI's
Target Price Raised.
As
we noted on the 
Redenbach's
target price is formulated as a result of constructing a series of 'success'
probability scenarios for CVM's various present and future initiatives.
Coupled with the use of discounted cash flow models, a conservative 12
month target price of $3.71 is derived.
