BRIEF-Genta says expects to run out of funds in June

May 12 (Reuters) - Genta Inc:

* Says currently projects that it will run out of funds in June 2009

* Says does not have any additional financing in place

* Says if co is unable to raise additional funds may file for bankruptcy

* Says currently not enough shares of common stock to cover shares underlying

2009 notes, warrants and 2008 notes

((Bangalore Equities Newsroom; [phone]; within U.S. [phone]))

(For more news, please click here) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.