Nothing new this week, nothing major for Genta Incorporated(OTC:GNTA). The stock continues its way down the road, and it is uncertain whether a reverse of the negative trend is possible, let alone when it might happen. 
The last session was another day of decline. 13% with 2.5 million shares exchanging hands, the session closing at $0.0146. No news or anything else to affect trading activity. In fact, the last time to hear from Genta was two weeks ago when the second quarter results came out. The 10-Q with an end-date June 30th includes the following among other figures:
- $5.1 million in cash; [BANNER]
- $5.6 million in total current assets;
- $11.1 million in total current liabilities;
- $1.2 billion in accumulated deficit;
- $54k in sales;
- $11 million in net loss;
Interesting figures. Product revenues is still below even $100k per month, while the deficit grows fast. There is money in cash to fund operations, yet with such a net loss at hand, it is no easy task to sustain activity. All in all, it is much uncertainty that surrounds Genta and the development of its stock on the market. Not so long ago, the stock traded above $2 per share. Nowadays, it is nearing sub-penny levels. What the rest of the year would offer shareholders is yet to see.
