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Re: big orange post# 6686

Wednesday, 10/15/2014 12:19:28 PM

Wednesday, October 15, 2014 12:19:28 PM

Post# of 9911
If there is a raising then it is a required raising by NYSE no matter if there is enough money to go to 2016. PIII is ready to start and no China and India yet. NYSE and BDO may require the money in the bank to take PIII to the end before PIII starts. A bird in the hand vs. two in the bush so to speak.

If there is enough upfront money from China and India then look for a share buyback to reverse the dilution if dilution happens. Both China and India has to close before that can happen. If these deals have tons more money built into the hurdle payments then even more share buyback likely will happen once hurdles are met.

Some of mgt will be going to the Chinese melanoma conference this weekend. Cross your fingers and hope they can conclude a deal there. Other region MOU's will or are in the works.

If the protocols are not back from the auditors in time for this weekend then they may extend the MOU by a month or much of the upfront money might be hurdled until they are done.

Such hurdled upfront money just waits until melanoma and liver protocols are filed.
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